5400 US Route 150
High Traffic Development Opportunity
Marketing description
DEVELOPMENT OPPORTUNITY: Nestled in North Peoria at 5400 US Route 150, Peoria, IL 61615, this 12.4-acre lot offers unencumbered visibility and is primed for development. Positioned between major intersections, including Orange Prairie & War Memorial Drive, and N. Grand Prairie Drive & War Memorial Drive, the property boasts exceptional accessibility to major roads and highways like IL Rt. 6, IL Rt. 91, and I-474/I-74. Directly across from the bustling Shoppes at Grand Prairie, an open-air shopping center with a variety of commercial establishments, this location presents a lucrative opportunity for retail, office, or hospitality development. With favorable demographics showing high average household incomes in the vicinity, this property is an ideal choice for investors seeking a strategic development project in Peoria County. Don't miss out on this prime piece of real estate with immense potential.
Investment highlights
- Expansive 12.4± acre parcel with unobstructed visibility
- Ideal location for development opportunities
- Current zoning allows access from Rt. 150
- Potential rezoning for access to Orange Prairie and/or Landens Way
- Prime location within Peoria County for retail or land investment
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