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Property profile & analytics
OFF-MARKET
Land

0 Cornerstone Ct Peoria, IL 61614

2.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.4-acre commercial land parcel in Peoria, Illinois, presents a unique investment opportunity. Located off Allen Road in North Peoria, this property boasts excellent visibility from a cul-de-sac setting while enjoying proximity to major businesses. The area is thriving, with numerous automobile dealerships, office parks, and retailers nearby, including well-known brands like O'Brien Toyota, Land Rover, and Lexus. The site's strategic location ensures high traffic and strong brand recognition potential. While the total acreage is 2.4 acres, the sale price of $411,642 specifically reflects the 1.89 acres suitable for development, offering a land value of $5 per square foot. The property's address is W Cornerstone Ct, Peoria, IL 61614, within Peoria County. This location offers easy access to major roadways and is surrounded by established businesses, making it ideal for a variety of commercial ventures. The property's proximity to other successful businesses creates a synergistic environment, promising strong returns on investment. Don't miss this chance to secure a prime location for your next commercial development in a high-demand area.

Property profile
Verified
Property type Land
Lot 2.4 ac (104,544 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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