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    3510 Duncan Rd Champaign, IL 61822

    Sponsored
    For Sale
    $886,010

    Prime commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This 3.39-acre commercial lot is situated at the high-traffic corner of Duncan and Curtis Roads in southwest Champaign, Illinois. The property boasts a Commercial Neighborhood zoning designation and enjoys excellent visibility due to its location on a traffic-lit intersection. Its proximity to the Interstate 57/Curtis Road interchange (half a mile east) provides easy access to major transportation routes. All utilities are readily available, making this a "shovel-ready" site for immediate development. The property's strategic location is further enhanced by its adjacency to the Cherry Hills subdivision, providing a significant residential population base. The lot features an APN of 462027300020 and is offered as a fee simple ownership. The asking price for this exceptional development opportunity is $886,010. With an average daily traffic count of 8,600 vehicles on Curtis Road at Duncan Road, this location offers unparalleled exposure for any commercial venture. This is a rare opportunity to acquire a well-positioned, fully-serviced commercial parcel in a thriving area of Champaign.

    Property Features for 3510 Duncan Rd

    General Information

    Property type
    Land
    Lot Size
    147,668 SF

    HighLights

    • High‑traffic corner lot at Curtis & Duncan Roads, southwest Champaign.
    • Commercial Neighborhood zoning.
    • 8,600 ADT on Curtis Road at Duncan Road.
    • Half‑mile from I‑57/Curtis Road interchange.
    • Significant adjacent residential population.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.294841883532
    Latitude
    40.06940957742

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    FAQs

    What type of property is this?
    Land - Prime commercial land, ideal for development.
    Where is this land located?
    The property is located at 3510 Duncan Rd Champaign, IL.
    What is the asking price?
    The asking price for this property is $886,010.
    What are key features of this property?
    This property features: High-traffic corner lot at Curtis & Duncan Roads, southwest Champaign.; Commercial Neighborhood zoning.; 8,600 ADT on Curtis Road at Duncan Road.
    (217) 355-2545
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    3510 Duncan Rd Champaign, IL 61822
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    Champaign, IL 61822
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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
    3510 Duncan Rd Champaign, IL 61822
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