Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    805 E Perkins Rd Urbana, IL 61802

    For Sale
    $1,200,000

    16,975 SF industrial building remodeled in 2022 & 2023.

    Property size:
    16,975 SF
    Lot size:
    1.23 Acres

    Property Features for 805 E Perkins Rd

    General Information

    Size
    16,975 SF
    Lot size
    1.23 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Zach Wetherell

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

    Overview

    Remodeled Industrial Building with Solar

    The subject property encompasses a total of 16,975 square feet and is currently divided into three separate suites, situated on 1.22 acres of land. Originally constructed in 1971 with an addition in 1989, the building underwent interior remodeling in 2022 and 2023. The exterior was painted in 2024. A new roof was installed in 2019, and solar panels were added in 2020. Unit C has access to a fenced lot on the east side of the building. Unit A is currently occupied by the owner, who intends to vacate upon the sale of the building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TCT Construction, Inc Contractor ECI Construction Services, ... General Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Similar Places Nearby

    Extra Space Storage, Jenkins & Key Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1979867
    Latitude
    40.1272119

    Nearby Similar for Sale

    • $459,900
      7,303 SF

      Downtown Urbana Retail Condominium For Sale

      Prime downtown Urbana retail condominium with renovated space for sale.
      110 W Main St, Urbana, IL 61801
      View Details
    • $410,000
      2,204 SF

      Urbana Multifamily Investment Opportunity

      Five-unit building fully leased through July 2026 in Urbana.
      212 W High St, Urbana, IL 61801
      View Details
    • $139,000
      0.09 Acres

      Urbana Duplex Investment Opportunity

      Fully rented duplex in Urbana, near the University of Illinois.
      401 S Maple St, Urbana, IL 61801
      View Details
    • $210,000
      0.25 Acres

      All-Brick Investment Property Near Campus

      Three-unit property near University of Illinois with dependable performance.
      511 W Oregon St, Urbana, IL 61801
      View Details
    • $137,900
      Pending

      Urbana Income-Producing Duplex For Sale

      Duplex with updated units, one leased through August 2026.
      208 S Poplar St, Urbana, IL 61802
      View Details
    • $250,000

      Urbana Duplex Near Campus

      Investment duplex near engineering campus in Urbana, Illinois.
      812 W Main St, Urbana, IL 61801
      View Details

    FAQs

    What type of property is this?
    Warehouse - 16,975 SF industrial building remodeled in 2022 & 2023.
    Where is this warehouse located?
    The property is located at 805 E Perkins Rd Urbana, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Remodeled interior (2022 & 2023) and freshly painted exterior (2024).; - New roof (2019) with solar panels (2020).; - Total of 16,975 SF divided into three separate suites.
    (217) 821-8553
    Request Owner's contact information
    805 E Perkins Rd Urbana, IL 61802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    805 E Perkins Rd
    Urbana, IL 61802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    805 E Perkins Rd Urbana, IL 61802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.