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M-1 Industrial Land
For Sale
$45,000

3190 Grand Prix Drive, Decatur, IL 62526

M-1 zoning and installed utilities support light-industrial development in Stone’s Commercial Park.

Property Size37,157 SF
Price / SF$1.21
Days on Market387

Property Features for 3190 Grand Prix Drive

General Information

Standard status Active
Size 37,157 SF
Property subtype Land / Mixed Use
Zoning IND

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: Jul 20 at 9:34PM

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.

This 1.04-acre industrial land offering is located within Stone’s Commercial Park and carries M-1 zoning for light industrial use. Site-ready utilities are already in place, providing an established foundation for future development. The property is suited to planned industrial warehouse construction, with configurations accommodating either a single-tenant or multi-tenant project.

The site is positioned near Interstate 72 within a growing commercial corridor, providing access to regional transportation routes and logistics connections. Build-to-suit opportunities are available for users seeking a project tailored to their operational requirements.

Key Highlights

  • 1.04‑acre industrial land offering in Stone’s Commercial Park
  • M‑1 zoning for light industrial use
  • Site‑ready utilities are in place

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

416
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
Rey
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 in Stone’s Commercial Park.
Where is this industrial land located?
The property is located at 3190 Grand Prix Drive Decatur, IL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: 1.04‑acre industrial land offering in Stone’s Commercial Park; M‑1 zoning for light industrial use; Site‑ready utilities are in place
More about this property
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