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Property profile & analytics
OFF-MARKET
Land

1 Expo Xing Rd Peoria, IL 61614

Property ID
Property summary
AI-generated overview

This exceptional 2-6 acre commercial land parcel presents a remarkable development opportunity in Peoria, Illinois. Located at Lot 1 W Expo Crossing Road, zip code 61614, this property boasts a highly desirable location on Northmoor Avenue, a major thoroughfare experiencing significant traffic volume. Its strategic placement between two schools and directly at the entrance to an event center ensures high visibility and accessibility, making it ideal for a wide range of commercial ventures. The asking price for this prime land is $700,000. The property's address is precisely Lot 1 W Expo Crossing Road, Peoria, Peoria County, Illinois. Its geographical coordinates are latitude 40.7658303 and longitude -89.596906. The property is classified as commercial land, offering significant potential for developers seeking a high-impact location with strong existing infrastructure and a vibrant surrounding community. The size of the lot allows for flexibility in development plans, catering to various commercial needs. This is a rare opportunity to acquire a strategically located commercial property in a thriving area of Peoria. The high traffic count and proximity to schools and an event center guarantee substantial exposure and potential for significant return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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