707 Poplet Hollow Rd, Peoria, IL 61615
This exceptional 2.99-acre parcel, located at 707 E Poplet Hollow Road in Peoria, Illinois (zip code 61615), presents a unique opportunity for residential development. The property is zoned R2, allowing for medium-density single-family residential construction. Its secluded location, nestled off Galena Road between Peoria and Mossville, offers a tranquil and private setting with few neighboring houses. The land is surrounded by established neighborhoods and Peoria Park District land, providing a desirable blend of seclusion and community proximity. The ample space allows for the creation of custom homes with extensive landscaping and outdoor amenities. The flexible R2 zoning permits various residential uses, making this property ideal for builders or developers seeking a prime location for a new residential project. The asking price is $35,000. This is a rare opportunity to acquire a substantial parcel of undeveloped land in a highly desirable area of Peoria County, Illinois. The property's location offers easy access to Peoria and Mossville, while maintaining a peaceful and private atmosphere. Don't miss this chance to build your dream project in this sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.