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    OFF-MARKET
    Land

    2985 County Road 1400, Rantoul, IL 61866

    40 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40-acre commercial land parcel presents a unique investment opportunity in Rantoul, Illinois. Strategically located on County Road 1400 E, this property boasts unparalleled visibility and accessibility, directly adjacent to Interstate 57, a major thoroughfare with daily traffic exceeding 38,000 vehicles. The site is part of a larger 134-acre development project, ensuring future growth and synergy. Its prime location near the Rantoul Family Sports Complex further enhances its appeal, providing access to a significant population base and potential customer traffic. The expansive lot size offers considerable flexibility for a wide range of commercial developments, including, but not limited to, hotels, water parks, entertainment venues, retail centers, or restaurants. This is a rare chance to capitalize on the thriving economic climate of Rantoul and establish a successful business venture in a high-traffic, high-visibility location. The asking price for this exceptional property is $4,000,000. The property is offered for sale by owner. Don't miss this chance to secure a piece of Rantoul's burgeoning commercial landscape. The property is located in Champaign County, Illinois, with a zip code of 61866.

    Property profile
    Verified
    Property type Land
    Lot 40 ac (1,742,400 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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