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    2906 Clark Rd Champaign, IL 61822

    For Lease
    $12 SF/Yr

    6,750 SF Flex/Warehouse in HOW Business Park

    Lot size:
    6,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A flex/warehouse space, totaling 6,750 square feet, is ideally situated in Champaign, Illinois's HOW Business Park, conveniently located off Duncan Avenue and north of Springfield Avenue. Built in 1999, this single-story building boasts a 20-foot ceiling height, providing ample vertical space for various uses. The property features one drive-in door and offers 10 parking spaces for convenient access. The space is currently vacant and is divisible to a minimum of 6,750 square feet, with a maximum contiguous space of 6,750 square feet. The flexible layout includes a reception area, multiple offices with natural light, a break room, and conference rooms, along with dedicated lab space. The zoning is Commercial - Light Industry (APN: 412010300024), making it suitable for a range of businesses. The property benefits from its proximity to Interstate 72 and Illinois Route 10, ensuring excellent connectivity. The office space is adaptable, allowing for a customized balance between office and warehouse areas to meet specific operational needs. The 400 AMP power supply ensures sufficient electrical capacity for most industrial applications. This property presents a unique opportunity within a thriving industrial area, surrounded by contractors, service industries, and trades companies.

    Property Features for 2906 Clark Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,750 SF
    Class
    A

    Building Details

    Year Built
    1999
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    6,750 SF
    Rate per SF
    $12

    HighLights

    • 6,820 SF total building area
    • 800‑amp, 3‑phase power (120/208 volt)
    • 20‑foot clear ceiling height
    • 14‑foot overhead door
    • 2,110 SF warehouse space
    • 4,710 SF office space
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2937336
    Latitude
    40.1180468

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    FAQs

    What type of property is this?
    Distribution property - 6,750 SF Flex/Warehouse in HOW Business Park
    Where is this distribution property located?
    The property is located at 2906 Clark Rd Champaign, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 6,820 SF total building area; 800-amp, 3-phase power (120/208 volt); 20-foot clear ceiling height
    Request Owner's contact information
    2906 Clark Rd 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
    2906 Clark Rd Champaign, IL 61822
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