8816 Industrial RdPeoria, IL 61615

  • Commercial real estate
  • 0.56 AC
For Lease
$7/SF/YR View listing

Property Details for 8816 Industrial Rd

Lot size
0.56 AC
Property type
Commercial real estate
APN
14-06-226-007
APU
1406226007

Description

This exceptional 4,000-square-foot industrial property, located at 8816 Industrial Road in Peoria County, presents a unique opportunity for single-tenant occupancy. The building boasts a robust structure featuring a steel roof, steel siding, and steel soffits, ensuring durability and longevity. Recent improvements include a freshly sealed roof, providing peace of mind for years to come. The property benefits from a newer, well-lit pylon sign, enhancing visibility and accessibility. Inside, updated LED lighting throughout both the interior and exterior spaces provides energy efficiency and bright, functional work areas. Two oversized 16-foot steel overhead garage doors are ideal for efficient warehousing and loading/unloading operations, making this space perfectly suited for businesses requiring ample storage and easy access. The property is classified as a flex space, offering versatility for a range of industrial and commercial uses. This single-tenant building provides a self-contained and private workspace, eliminating the complexities of shared facilities. The combination of modern upgrades, durable construction, and convenient features makes this Peoria County property an attractive investment for businesses seeking a functional and well-maintained industrial space. The property's total building square footage is 4,000 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,041,603
    Hospitality
    $4,618,081
    Educational
    $3,842,189
    Medical
    $3,974,328
    Retail
    $5,976,739
8816 Industrial Rd, Peoria, Illinois

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.795
Longitude
-89.6266
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,534
$14,770
$84,370
$99,140
-
$44,310
$253,110
$297,420

FAQs

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