Property profile

703 Jefferson St Peoria, IL 61603

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional 7,000-square-foot commercial property in Peoria, Illinois, presents a unique opportunity for a single tenant. Located at 703 NE Jefferson Street, this land parcel is zoned Imp Comm, offering flexibility for either office or retail use. The property boasts ample parking with 10 spaces conveniently located on the side of the building, ensuring easy access for customers and employees. The building currently consists of a single suite, providing a private and efficient workspace. A significant incentive is offered: three months of free rent! This is a fantastic opportunity to establish a presence in a high-visibility location. The build-out is negotiable, allowing for customization to perfectly suit your business needs and vision. Whether you're seeking a professional office space or a vibrant retail storefront, this property's versatility and prime location make it an ideal investment. The APN is 18-03-353-009. Don't miss this chance to secure a thriving business location in a desirable Peoria area.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

703 Jefferson St Peoria, IL 61603
Peoria metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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