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    OFF-MARKET
    Land

    0 Commerce & Development Dr, Peoria, IL 61604

    2.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.19-acre commercial land parcel is ideally situated within the Peoria County Business Park in Peoria, Illinois, zip code 61604. The property boasts a flat, fully infrastructured site, offering immediate access to Interstate 474, ensuring convenient transportation and logistics. Its strategic location near the intersection of Maxwell Road and Plank Road provides excellent visibility and accessibility. This prime location benefits from established neighboring businesses, including Tru-Green, River City Construction, Standard Sheet Metal, PJ Hoerr, Design Plus Cabinet & Granite, Steamfitters Local, P & W Builders, and Brinks, creating a thriving and supportive business environment. The asking price for this ready-to-develop land is $182,795. The address is Commerce & Development Drive, Peoria, IL. This property presents a unique opportunity for businesses seeking a well-connected and established location to build their future. The lot's flat terrain simplifies construction and development, minimizing potential site preparation costs. Given its size and location, this parcel is suitable for a variety of commercial developments. Don't miss this chance to acquire a valuable asset in a high-demand area.

    Property profile
    Verified
    Property type Land
    Lot 2.19 ac (95,396 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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