0 Cornerstone Ct Peoria, IL 61614
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.
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.