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    2810 Boulder Dr Urbana, IL 61802

    Sponsored
    For Sale
    $441,481

    2.03-acre commercial lot, build-to-suit options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.03-acre commercial lot presents a unique investment opportunity in the highly desirable Stone Creek Commons office park in southeast Urbana, Illinois. Located on Boulder Drive, this fee-simple property boasts a B3 zoning designation and is situated within the Urbana Enterprise Zone, offering potential tax advantages. The lot is ideally positioned within a Class A office park featuring attractive amenities such as walking trails, two ponds, mature trees, and exceptional landscaping. Its proximity to a picturesque pond enhances its appeal. Build-to-suit options are available, providing flexibility for development. Stone Creek Commons enjoys a strategic location adjacent to The Pines retail center, a thriving upscale neighborhood center anchored by established businesses including Busey Bank, Monical's Pizza, Subway, and Casa Del Mar, among others. The property benefits from its proximity to major employers and amenities such as Carle Hospital, Christie Clinic, Meijer, Little Hearts and Hands, significant residential areas, and the Atkins Golf Club at the University of Illinois. The shovel-ready nature of this lot, combined with its prime location and attractive surroundings, makes it an exceptional opportunity for commercial development. The property's APN is 932128201005. The asking price is $441,481.

    Property Features for 2810 Boulder Dr

    General Information

    Property type
    Land
    Lot Size
    88,427 SF

    HighLights

    • Shovel‑ready site.
    • Located in an Enterprise Zone.
    • Attractive office park setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1862869
    Latitude
    40.081694

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    FAQs

    What type of property is this?
    Land - 2.03-acre commercial lot, build-to-suit options.
    Where is this land located?
    The property is located at 2810 Boulder Dr Urbana, IL.
    What is the asking price?
    The asking price for this property is $441,481.
    What are key features of this property?
    This property features: Shovel-ready site.; Located in an Enterprise Zone.; Attractive office park setting.
    (217) 355-2545
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    2810 Boulder Dr 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
    2810 Boulder Dr Urbana, IL 61802
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