1701 Dobbins Dr Champaign, IL 61821
This exceptional 1.86-acre commercial land parcel presents a unique investment opportunity in Champaign, Illinois. Located at the northeast quadrant of I-74 and North Mattis Avenue, this property boasts excellent visibility and accessibility. The site is zoned CG - Commercial by the City of Champaign, allowing for a variety of development options. Key features include significant frontage along Anthony Drive, ensuring easy ingress and egress for potential businesses. All utilities are available on-site, simplifying the development process. The property benefits from high traffic counts due to its proximity to I-74, providing ample opportunity for signage and brand visibility. Furthermore, its strategic location directly across from Carle Hospital's future medical campus positions it within a rapidly growing area experiencing significant residential, multi-family, office, and retail development. This prime location offers exceptional potential for investors seeking to capitalize on the burgeoning commercial landscape of Champaign. The asking price is $300,000. The property's 61821 zip code and precise coordinates (40.140884 latitude, -88.275236 longitude) further define its advantageous position.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.