9031 Allen Rd Peoria, IL 61615
- Commercial real estate
- 1.21 lot acres
Current Use by Public Records
- Ashbacher Julie E / Nurse Practitioner
- Sarchet Aimee R / Nurse Practitioner
- Nancy's Eyebrow / Beauty Salon / Eyebrow Bar
- Seipp Frank / Nursing Agency
- Family Quick Care LLC / Medical Clinic
Property Details for 9031 Allen Rd
- Lot size
- 1.21 lot acres
- Property type
- Commercial real estate
- APN
- 14-06-126-002
- APU
- 1406126002
Description
This exceptional Class A office space in Peoria, Illinois, offers a prime location at 9031 N Allen Rd, 61615. The single-story building totals 10,880 square feet and features six individual suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,200 square feet. Currently, 2,400 square feet are available for lease. The property boasts ample parking with 59 spaces available for tenants and visitors. Located in Peoria County, this property benefits from its convenient placement near major retailers such as Walmart and Menards. Co-tenants include T-Mobile, Family Quick Care, a nail salon, and GameStop, creating a vibrant and accessible business environment. One available suite previously served as a hair salon and includes existing shampoo bowls, presenting a unique opportunity for a variety of businesses. The property's annual taxes are $2.83 per square foot. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located, and readily available executive office space in a high-traffic area. The building's single-story design provides easy accessibility and efficient use of space. Inquire today to learn more about leasing options and secure your ideal workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $445,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $460,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $395,000
- Mixed-Use
- $485,000
- Hospitality
- $460,000
- Educational
- $400,000
- Residential Income
- $425,000
- Energy
- $480,000
- Income-Based Land
- $375,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6329
- Latitude
- 40.7975
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA