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M-1 Industrial Development Land
For Sale
$57,500

3125 Grand Prix Drive, Decatur, IL 62526

M-1 zoning and installed utilities support light-industrial development.

Property Size45,302 SF
Price / SF$1.27
Days on Market387

Property Features for 3125 Grand Prix Drive

General Information

Standard status Active
Size 45,302 SF
Property subtype Land / Mixed Use
Zoning M-1

Taxes and HOA fees

Annual Taxes $697
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Compass
Added: Aug 9, 2025 Changed: Aug 29 Last Checked: Aug 29 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Main Place Real Estate

Investment Insights

Based on property information with market context.

Lot 3125 at Stone’s Commercial Park comprises 1.04 acres, or approximately 45,302 square feet, for industrial development. The parcel carries M-1 zoning for light industrial use, with site-ready utilities already in place. The configuration can accommodate either a single-tenant or multi-tenant warehouse project, and build-to-suit opportunities are available.

The property is located at 3125 Grand Prix Drive in Decatur, Illinois, near Interstate 72. Its position within a commercial corridor provides access to regional transportation routes and logistics connections.

Key Highlights

  • 1.04‑acre industrial land parcel
  • 45,302 SF of land area
  • M‑1 zoning for light industrial use

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store Cafe & Coffee Shop

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

395
Businesses Nearby

Demographics for 62526, IL

31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - M-1 zoning and installed utilities support light-industrial development.
Where is this industrial land located?
The property is located at 3125 Grand Prix Drive Decatur, IL.
What is the asking price?
The asking price for this property is $57,500.
What are key features of this property?
This property features: 1.04‑acre industrial land parcel; 45,302 SF of land area; M‑1 zoning for light industrial use
More about this property
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