Property profile

6 Plaza Dr Peru, IL 61354

OFF-MARKET
Land
18.69 ac lot
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Property summary

AI-generated overview

This exceptional 18.69-acre commercial land parcel, located at Lot 6 Plaza Drive in Peru, Illinois (61354), presents a unique investment opportunity. Zoned 8-4 Commercial, this fully developed outlot boasts a prime location anchored by a HyVee grocery store. The property offers unparalleled access to Interstate 80, ensuring high visibility and convenient access for customers and employees. Its strategic placement near Peru Mall, big-box retailers, supermarkets, and diverse restaurants guarantees significant foot traffic and consumer reach. The area is well-served by amenities including fuel stations, banks, and professional offices, creating a thriving commercial environment. The property's assessed PIN is 17-08-204-001, and it's offered at a competitive price of $4 per square foot, totaling $3,256,000. This fee simple ownership provides complete control and potential for significant long-term growth. The property's size and strategic location make it ideal for a variety of commercial developments, capitalizing on the existing infrastructure and high-traffic area. Don't miss this chance to acquire a premier commercial property in a rapidly growing market.

Property profile

Verified
Property type Land
Lot 18.69 ac (814,136 SF)

Cap rate & NOI

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

Location

6 Plaza Dr Peru, IL 61354
Peru 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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