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    2701 Cunningham Ave Urbana, IL 61802

    For Lease
    Contact for pricing

    Prime Urbana retail space, multiple units available.

    Lot size:
    303,867 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Blain's Outlots presents a significant retail opportunity in Urbana, Illinois. This exceptional property, located at 2701 N Cunningham Ave, offers a total of 303,867 square feet of commercial space across multiple tenancies. Currently, there are five available spaces, each ranging from a minimum of 44,866 square feet to a maximum contiguous space of 51,400 square feet. A substantial 238,270 square feet is currently vacant, providing flexibility for various retail concepts and expansion opportunities. The property is situated in Champaign County, within the vibrant city of Urbana, offering excellent visibility and accessibility. The precise location at 40.1406984 latitude and -88.1951305 longitude ensures convenient access for customers and employees. This is an ideal location for businesses seeking high-traffic exposure and a strong presence in a thriving community. The property's size and layout offer significant potential for both single-tenant and multi-tenant occupancy, making it a versatile option for a wide range of retail businesses. The zip code is 61802. This is a rare opportunity to secure prime retail space in a desirable location. Contact us today to learn more about leasing options and explore the possibilities.

    Property Features for 2701 Cunningham Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    303,867 SF

    Unit(s) available at that property

    Space
    Lot #1
    Size
    47,916 SF
    Space
    Lot #2
    Size
    49,222 SF
    Space
    Lot #5
    Size
    44,866 SF
    Space
    Lot #6
    Size
    44,866 SF
    Space
    Lot #7
    Size
    51,400 SF

    HighLights

    • Lot #1: 47,916 SF available.
    • Lot #2: 49,222 SF available.
    • Lot #5: 44,866 SF available.
    • Lot #6: 44,866 SF available.
    • Lot #7: 51,400 SF available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blain's Farm & Fleet ... Auto Repair Shop Blain's Farm & Fleet ... Department Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1951305
    Latitude
    40.1406984

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    FAQs

    What type of property is this?
    Land - Prime Urbana retail space, multiple units available.
    Where is this land located?
    The property is located at 2701 Cunningham Ave Urbana, IL.
    What are key features of this property?
    This property features: Lot #1: 47,916 SF available.; Lot #2: 49,222 SF available.; Lot #5: 44,866 SF available.
    Request Owner's contact information
    2701 Cunningham Ave 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
    2701 Cunningham Ave Urbana, IL 61802
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