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    2002 Windsor Rd Urbana, IL 61802

    Sponsored
    For Sale
    $785,000

    Prime Urbana location, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.56-acre commercial land parcel presents a remarkable investment opportunity in Urbana, Illinois. Located at 2002 E Windsor Rd, this property boasts a highly desirable B-3, General Business District zoning, allowing for a wide range of retail and office developments. The site is exceptionally well-prepared for immediate construction, featuring existing curb cuts, a shared drive access easement, and readily available utilities. No need for extensive site preparation – it's truly shovel-ready. The property benefits from its inclusion in the Champaign County Enterprise Zone, offering potential economic incentives. Furthermore, it's part of a thoughtfully planned multi-use subdivision, complete with an existing detention basin, ensuring efficient stormwater management. The location offers excellent accessibility, with convenient access to major transportation routes. Urbana-Champaign's strategic location provides easy access to major metropolitan areas, including Chicago, St. Louis, Indianapolis, Peoria, Bloomington, Springfield, and Decatur, making it an ideal location for businesses seeking regional reach. The asking price for this exceptional property is $785,000. Build-to-suit options are available for businesses of all sizes. APN: 93-21-21-404-005.

    Property Features for 2002 Windsor Rd

    General Information

    Property type
    Land
    Lot Size
    155,074 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.181584
    Latitude
    40.084791

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    FAQs

    What type of property is this?
    Land - Prime Urbana location, build-to-suit option.
    Where is this land located?
    The property is located at 2002 Windsor Rd Urbana, IL.
    What is the asking price?
    The asking price for this property is $785,000.
    Request Owner's contact information
    2002 Windsor 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
    2002 Windsor Rd Urbana, IL 61802
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