1014 Pioneer PkwyPeoria, IL 61615

  • Commercial real estate
  • 1.03 AC
For Lease
$5/SF/YR View listing

Property Details for 1014 Pioneer Pkwy

Lot size
1.03 AC
Property type
Commercial real estate
APN
14-08-204-010
APU
1408204010

Description

This exceptional commercial property at 1014 W Pioneer Parkway offers a unique blend of office and warehouse space, ideal for a variety of businesses. The 20,160 square foot building, constructed in 1957 and renovated in 1972, sits on a 1.71-acre lot and is classified as Class B. The property features multiple tenancy options, with spaces ranging from a minimum of 2,040 square feet to a maximum contiguous space of 9,530 square feet. Three spaces are currently available, offering flexibility for various business needs. The west side of the building boasts 5,200 square feet of space, easily adaptable into large offices or training rooms. A northeast corner unit provides 2,040 square feet, including a reception area, three private offices, an IT room, and a large open workspace. An optional 205-square-foot common break room is also available. The rear of the building offers up to 9,530 square feet of warehouse space, divisible down to 1,500 square feet, and includes two convenient loading docks. The property benefits from excellent visibility and accessibility from Pioneer Parkway, along with ample parking—110+ spaces are available in front and rear of the building. The property is zoned C-1 and is a two-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,272,838
    Hospitality
    $8,493,869
    Educational
    $7,066,800
    Medical
    $7,309,838
    Retail
    $10,992,799
1014 Pioneer Pkwy, Peoria, Illinois

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.7822
Longitude
-89.6079
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
$9,333
$43,050
$56,150
$99,200
-
$129,150
$168,450
$297,600

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