Property profile

0 Maxwell Rd Bellevue, IL 61604

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1,300,000 USD property, identified by APNs 17-15-252-011 and 17-15-252-016, presents a unique investment opportunity in Peoria County, Illinois. Located on N Maxwell Rd, near the intersection of Maxwell Road and Middle Road, in the city of Peoria, zip code 61604, this land parcel boasts a highly desirable location less than one mile from Interstate 74, offering unparalleled logistical advantages for distribution businesses. Its proximity to Peoria International Airport and its cargo terminals, a mere 0.7 miles away, further enhances its appeal. Currently utilized as farmland, the property is zoned for agricultural use. The flat terrain simplifies development, and existing utilities are conveniently located at the property line, minimizing infrastructure costs. The seller is a trust and is willing to assist with the zoning process, should a buyer wish to pursue alternative uses. This property is situated within the Peoria Urban Enterprise Zone, potentially offering additional economic incentives. The property's versatility, prime location, and the seller's willingness to cooperate make this a compelling investment opportunity for developers, businesses, or investors seeking a strategic foothold in a thriving area.

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

Location

Maxwell Rd Bellevue, IL 61604
Bellevue metro
Google Maps

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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