0 Commerce & Development Dr, Peoria, IL 61604
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.
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
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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.