Centerway Dr Peoria, IL 61615
- Land
- 8.41 lot acres
Current Use by Public Records
- Land
Property Details for 0 Centerway Dr
- Lot size
- 8.41 lot acres
- Property type
- Land
Description
This exceptional 8.41-acre commercial land parcel presents a remarkable development opportunity in the thriving North Peoria/Dunlap area of Illinois. Ideally situated at the corner of Centerway Drive and Wilhelm Road, this flat, easily accessible site boasts high visibility and significant potential. The property's strategic location offers immediate proximity to a recently constructed shopping center, anchored by a Schnuck's grocery store. Other prominent businesses in the immediate vicinity include OSF On Call, CVS, Walgreens, and a variety of restaurants, ensuring high foot traffic and consumer density. The lot is conveniently accessed via a well-lit intersection, enhancing both safety and accessibility for potential businesses and customers. This prime location offers developers the chance to capitalize on the area's robust growth and strong retail presence. The asking price for this exceptional development opportunity is $2,198,038. The property is zoned for office and retail uses, making it suitable for a wide range of commercial developments. With its ideal location, ample space, and proximity to established businesses, this 8.41-acre parcel represents a compelling investment opportunity in a rapidly expanding market. The property is located in Peoria County, Illinois, with a Peoria, IL 61615 zip code.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6145
- Latitude
- 40.8161
