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    OFF-MARKET
    Commercial real estate

    707 Poplet Hollow Rd, Peoria, IL 61615

    2.99 ac lot
    Property ID
    US28-0522604
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.99 ac (130,244 SF)
    UPID US28-0522604
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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