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    1202 Anthony Dr Champaign, IL 61821

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    For Sale
    Contact for pricing

    4.9 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 4.91-acre commercial land parcel in Champaign, Illinois, presents a remarkable investment opportunity. Located at 1202 Anthony Dr, 61821, this property is zoned CG - Commercial General and boasts a prime location adjacent to a Walmart, hotel, and numerous restaurants, ensuring high visibility and substantial foot traffic. The property's corner lot placement offers excellent interstate visibility, further enhancing its appeal. All utilities are readily accessible, simplifying development plans. The APN is 41-20-02-251-022. This strategic location within Champaign's thriving retail district makes it ideal for a wide range of commercial ventures, from retail stores to hospitality establishments. The property's size and zoning offer significant development potential, promising strong returns for investors seeking to capitalize on Champaign's continued growth. This is a rare opportunity to acquire a highly desirable commercial property in a dynamic and expanding market. The property's accessibility and proximity to established businesses make it an attractive proposition for entrepreneurs and investors alike. Don't miss this chance to secure a valuable asset in a prime location.

    Property Features for 1202 Anthony Dr

    General Information

    Property type
    Land
    Lot Size
    213,880 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.26606
    Latitude
    40.137903

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    FAQs

    What type of property is this?
    Land - 4.9 Acres, High-Visibility Location
    Where is this land located?
    The property is located at 1202 Anthony Dr Champaign, IL.
    (217) 352-7712
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    1202 Anthony Dr Champaign, IL 61821
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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
    1202 Anthony Dr Champaign, IL 61821
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