8817 Knoxville Ave, Peoria, IL 61615
Two outparcel lots are available for sale within the Northpoint Shopping Center, a thriving 156,000 square foot neighborhood shopping center situated on Knoxville Avenue in Peoria, Illinois. This high-traffic location, in Peoria's number one residential growth area, boasts exceptional visibility and accessibility. The property is zoned C2, allowing for a variety of commercial uses. Each lot ranges from one to 1.32 acres, providing ample space for development. The site benefits from two fully signalized intersections, ensuring convenient access for customers and employees. Knoxville Avenue experiences a significant daily traffic volume of 19,500 cars, guaranteeing substantial exposure for any business established here. The address is 8817 Knoxville Ave, Peoria, IL 61615. This presents a unique opportunity for businesses seeking a prime location in a rapidly growing area with high visibility and excellent traffic counts. The build-to-suit option allows for customized development to meet specific business needs. This is an exceptional opportunity to establish a presence in a successful and established shopping center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.