0 Farm Credit Dr, Mahomet, IL 61853
Invest in this exceptional opportunity at Prairieview Commons, a new 10-acre commercial subdivision in Mahomet, Illinois. Located at the northeast corner of US 150 and Prairieview Road, this development boasts frontage on Interstate 74, ensuring high visibility and accessibility. Multiple lots are available, ranging from 0.71 to 3.17 acres, and are zoned C2 Commercial, offering flexibility for various commercial uses. Site utilities are currently being installed, and the road extension and roundabout are slated for completion by the end of 2024, making these lots build-ready now. This development presents a unique opportunity for businesses seeking a strategic location in a thriving community. A 71-room upper-midscale franchise hotel has already been approved for a northeast lot. The developer is also constructing 2-3 multi-tenant commercial buildings for lease on the north-central lot. Flexible options are available, including outright land sale, build-to-purchase, and build-to-lease arrangements. Land prices range from $8 to $12 per square foot. This is a fee simple ownership opportunity in Champaign County, Illinois, with the address located on Farm Credit Drive, zip code 61853. Don't miss this chance to secure your place in this rapidly developing commercial hub.
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
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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.