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Property profile & analytics
FOR SALE
Commercial real estate

7022 W Middle Rd Peoria, IL 61607

2 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US28-1175301
Property summary
AI-generated overview

This exceptional ±88,145 square foot facility at the General Wayne A. Downing Peoria International Airport presents a unique investment opportunity. The property boasts two ±36,005 square foot hangar bays, providing ample space for aircraft storage and maintenance. In addition to the hangar space, the facility includes approximately ±10,321 square feet of combined office, conference, break, and shop space, catering to the needs of a diverse aviation operation. A convenient ±5,814 square foot parking garage ensures ample parking for staff and visitors. Further enhancing its appeal, the property includes approximately ±110,000 square feet of private ramp space, providing direct access to the airfield. The facility is equipped with two fuel cabinets, each containing two 20,000-gallon in-ground tanks, offering significant fuel storage capacity. This single-tenant property is ideally suited for private flight departments, MROs, FBOs, aircraft service centers, or aviation manufacturing companies seeking a high-quality, well-equipped facility in a competitive market. The property is available for sale or lease, presenting a compelling opportunity for businesses seeking to establish or expand their aviation operations in a strategic location. This is a rare opportunity to acquire a substantial and well-appointed aviation facility at a potentially advantageous price point.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2 ac (87,120 SF)
APN 17-16-400-001
UPID US28-1175301
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
METROPOLITAN AIRPORT AUTHORITY PEORIA
METROPOLITAN AIRPORT AUTHORITY PEORIA
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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