8215 Allen RdPeoria, IL 61615

For Sale
$1,200,000
High-traffic Peoria land, buildable, $1.2M

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 2.97-acre commercial land parcel in Peoria, Illinois, presents a remarkable investment opportunity. Located at 8215 N Allen Rd, this property boasts over 340 feet of frontage on Allen Road, directly across from Maui Jim's headquarters and only a quarter-mile from the heavily trafficked intersection of Allen Road and Pioneer Parkway. The site benefits from a substantial daily traffic count of 18,000 vehicles, ensuring high visibility and accessibility for any commercial venture. Zoned C2-Large Scale Commercial, this entirely buildable lot offers unparalleled flexibility for a wide range of development projects. The asking price is $1,200,000, translating to a land value of $9.28 per square foot. This prime location, coupled with its high traffic volume and buildable nature, makes this property an ideal investment for developers seeking a strategic foothold in a thriving Peoria commercial corridor. The property's proximity to major thoroughfares and established businesses guarantees significant exposure and potential for substantial returns. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Peoria location. The property is situated in Peoria County, Illinois, with a zip code of 61615.

Highlights

  • High-visibility street frontage.
  • Prime location near a major intersection.
  • 100% usable space.
  • High traffic count of 18,000 vehicles.

Property Details for 8215 Allen Rd

Property type
Land
Lot Size (sq. ft)
129,373 SF

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.787616
Longitude
-89.632007
8215 Allen Rd, Peoria, Illinois

FAQs

What type of property is this?
Land - High-traffic Peoria land, buildable, $1.2M
Where is the land located?
The property is located at 8215 Allen Rd Peoria, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High-visibility street frontage.; Prime location near a major intersection.; 100% usable space.
How can I contact the broker?
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8215 Allen Rd
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