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    1011 Bradley Ave Urbana, IL 61801

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    For Sale
    $2,654,894

    Land for sale in Urbana, Illinois, with interstate access.

    Property size:
    11 SF
    Lot size:
    11.56 Acres

    Property Features for 1011 Bradley Ave

    General Information

    Size
    11 SF
    Lot size
    11.56 Acres

    Source: Jill Spratt Agent Jill Spratt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Urbana Land Ready to Build

    Available for sale are land parcels located in Urbana, Illinois. These parcels, totaling 11 acres, have been filled, mechanically compacted, and brought up to grade, rendering them in a build-ready state. The site benefits from convenient access to Interstate 74. Situated at 1011 W. Bradley, the location is within a designated 'food desert,' potentially qualifying it for grants under the Governor’s Grocery Initiative, particularly suitable for a grocery store development. The local economic development group is available to address inquiries, and local government support is in place for potential site development. The property is positioned on Bradley Avenue, between N Goodwin and N Lincoln avenues, offering close proximity to Interstate 74.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2614785
    Latitude
    40.1269232

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    FAQs

    What type of property is this?
    Land - Land for sale in Urbana, Illinois, with interstate access.
    Where is this land located?
    The property is located at 1011 Bradley Ave Urbana, IL.
    What is the asking price?
    The asking price for this property is $2,654,894.
    What are key features of this property?
    This property features: - Build-ready site: Parcels are filled, compacted, and at grade, accelerating the construction process.; - Potential grant eligibility: Site may qualify for grants under the Governor's Grocery Initiative due to its location in a designated "food desert."; - Interstate access: Close proximity to Interstate 74 provides convenient transportation links.
    (217) 722-3584
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1011 Bradley Ave Urbana, IL 61801
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