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    100 High Cross Rd Urbana, IL 61802

    Sponsored
    For Sale
    Contact for pricing

    26 Acres, B-3 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 26-acre commercial land parcel presents a unique investment opportunity in Urbana, Illinois. Strategically located at the intersection of IL Route 130 and US Route 150, this property boasts a highly desirable B-3 Commercial zoning designation, allowing for a wide range of development possibilities. The site benefits from convenient access to major transportation arteries, ensuring high visibility and accessibility for potential businesses. All utilities are readily available on-site, simplifying the development process and minimizing upfront costs. The property's prime location offers significant advantages, situated adjacent to a Walmart and a future Menards, guaranteeing high traffic volume and a strong customer base. This presents an unparalleled chance to capitalize on the existing retail synergy and establish a thriving commercial venture. The expansive acreage provides ample space for large-scale development projects, catering to diverse business needs. With its exceptional location, zoning, and utility access, this property is poised for significant growth and return on investment. Serious inquiries are encouraged. The property is located at 100 S High Cross Rd, Urbana, IL 61802, in Champaign County.

    Property Features for 100 High Cross Rd

    General Information

    Property type
    Land
    Lot Size
    1,132,560 SF

    HighLights

    • 26‑acre commercial land parcel.
    • B‑3 Commercial zoning.
    • All utilities available on‑site.
    • Adjacent to Walmart and future Menards development.
    • For sale by owner; broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walmart Vision & Glasses Optician Walmart Money Center Money Order Service Walmart Supercenter Department Store EcoATM Electronics Vending Machine Walmart Photo Center Photo Shop

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1593274
    Latitude
    40.1118216

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    FAQs

    What type of property is this?
    Land - 26 Acres, B-3 Zoning, High Traffic
    Where is this land located?
    The property is located at 100 High Cross Rd Urbana, IL.
    What are key features of this property?
    This property features: 26-acre commercial land parcel.; B-3 Commercial zoning.; All utilities available on-site.
    Request Owner's contact information
    100 High Cross Rd Urbana, IL 61802
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    Urbana, IL 61802
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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
    100 High Cross Rd Urbana, IL 61802
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