Listing Agency: The Real Estate Group c***@sellinghomes24-7.com Show Phone

Listed By: Carol Meinhart · License #475127814 Show Phone

Source: Kw

Added: Mar 27 Changed: Aug 26 Last Checked: Aug 29 at 5:13PM

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Investment Insights

Based on property information with market context.

This 3.5-acre commercial lot is located on Oak Street in Mahomet, Illinois. The parcel is suitable for new construction and a variety of commercial uses. The location offers visibility and accessibility, making it suitable for development projects.

Key Highlights

• 3.5‑acre commercial lot presents an excellent opportunity for new construction.
• Located on Oak Street in Mahomet.
• Ideal for a variety of commercial uses.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Auto Parts Store Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

188

Businesses Nearby

Explore this area Business Placement

Demographics for 61853, IL

14,218

Population

5,338

Households

2.7

Avg Household Size

38

Median Age

52%

College-Educated

97%

High-School Grad

48.0 sq mi

ZIP Area

296

Density / Sq Mi

$114,974

Median Household Income

$56,473

Median Earnings

$1,226

Median Rent

$281,500

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 3.5-acre commercial lot for sale in a growing community.

Where is this commercial land located?

The property is located at 1405 E Oak Street Mahomet, IL.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: 3.5‑acre commercial lot presents an excellent opportunity for new construction.; Located on Oak Street in Mahomet.; Ideal for a variety of commercial uses.