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    OFF-MARKET
    Commercial real estate

    322 War Memorial Dr, Peoria, IL 61614

    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US28-0516926
    Property summary
    AI-generated overview

    This Peoria, Illinois office building at 322 E War Memorial Dr offers 7,452 square feet of leasable space in a Class B building constructed in 1965. The property is zoned CN and located in Peoria County, zip code 61614. The building consists of one structure with two suites, offering flexible tenancy options. Available space ranges from a minimum of 700 square feet to a maximum contiguous space of 2,150 square feet, ideal for a variety of business needs. The main level space, directly accessible from the front entrance, offers excellent visibility and is conveniently located across from Peoria Stadium. High traffic counts of 27,600 cars per day provide significant exposure, further enhanced by a prominent pylon sign on War Memorial Drive. The property is suitable for executive office or traditional office uses. This presents a unique opportunity to secure office space in a high-traffic location with competitive rental rates. Inquire today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 14-28-403-014
    UPID US28-0516926
    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
    Current use
    Occupant on record · Public records
    • Stadium Place Business Service Center Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jmess LLC · 5 yrs held
    Jmess LLC
    since 2021
    Last sale
    $425,000
    7 recorded transactions
    2021
    2021
    $425,000
    2017
    2013
    $390,000
    2002
    $110,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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