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Decatur Commercial Land Opportunity
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3015 Grand Prix Drive, Decatur, IL 62526

Corner lot with existing pad in Decatur, Illinois.

Property Size8,000 SF
Price / SF$21.81
Days on Market749

Property Features for 3015 Grand Prix Drive

General Information

Standard status Active
Size 8,000 SF
Property subtype Land, Office, Retail
Listing Agency: RMLS Alliance
Listed By: Jay Clark · License #475103848
Source: Crexi
Added: Aug 2, 2024 Changed: Aug 17 Last Checked: Aug 17 at 4:47PM

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 RMLS Alliance

Investment Insights

Based on property information with market context.

This commercial land opportunity is located on the corner of Grand Prix Drive and Pershing Road in Decatur, Illinois. The site previously housed Starship Billiards, which was an 8,000-square-foot building before it was demolished following a fire. A concrete parking and building pad remain on the property. The traffic count along Pershing Road is 14,800 vehicles per day, offering high visibility.

Key Highlights

  • High traffic count: 14,800 vehicles per day.
  • Concrete parking and building pad already in place.
  • Situated at the corner of Grand Prix and Pershing Road.

Property Analytics

Current Use

ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store

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

395
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner lot with existing pad in Decatur, Illinois.
Where is this commercial land located?
The property is located at 3015 Grand Prix Drive Decatur, IL.
What is the asking price?
The asking price for this property is $174,500.
What are key features of this property?
This property features: High traffic count: 14,800 vehicles per day.; Concrete parking and building pad already in place.; Situated at the corner of Grand Prix and Pershing Road.
(217) 725-3402 Call to check price and availability
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