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    205 S Lierman Ave Urbana, IL 61802

    For Sale
    $6,500,000

    Industrial property featuring rail access and expansion potential.

    Property size:
    269,000 SF
    Lot size:
    22.32 Acres

    Property Features for 205 S Lierman Ave

    General Information

    Size
    269,000 SF
    Lot size
    22.32 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent AJ Thoma III

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

    Overview

    Industrial Property with Rail Access

    This industrial property offers a combination of heavy and light industrial zoning. It features direct rail access to the Norfolk Southern Rail Network via the Mansfield Branch. The property includes excess land suitable for expansion, redevelopment, or new development opportunities. Equipped with heavy power and manufacturing infrastructure, the site is suited for a variety of industrial operations, especially given the limited availability of manufacturing facilities in the region. The property has a size of 269000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    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
    -88.1910905
    Latitude
    40.1114098

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial property featuring rail access and expansion potential.
    Where is this manufacturing property located?
    The property is located at 205 S Lierman Ave Urbana, IL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Direct rail access to Norfolk Southern Rail Network (Mansfield Branch).; - Combination of heavy and light industrial zoning.; - Excess land primed for expansion, redevelopment, or new development.
    (217) 520-3299
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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
    205 S Lierman Ave Urbana, IL 61802
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