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    OFF-MARKET
    Land

    2995 County Road 1400, Rantoul, IL 61866

    5.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.63-acre commercial land parcel presents a unique investment opportunity in the rapidly growing town of Rantoul, Illinois. Located at 2995 County Road 1400 E, this property boasts an unbeatable location, situated within a larger 134-acre development and directly adjacent to Interstate 57. The high-traffic area sees over 38,000 vehicles daily, ensuring significant visibility and accessibility for any commercial venture. The property's proximity to the Rantoul Family Sports Complex further enhances its appeal, providing a strong potential customer base. This prime location is ideal for a diverse range of commercial developments, including hotels, water parks, outdoor entertainment centers, strip malls, or restaurants. The thriving community of Rantoul is actively seeking new development, making this a truly exceptional opportunity for investors and developers alike. The asking price for this expansive commercial land is $563,000. Don't miss this chance to capitalize on the growth and potential of this dynamic location in Champaign County, Illinois, zip code 61866. The property is zoned for commercial use (verification required). This is a blank canvas for your next successful business venture.

    Property profile
    Verified
    Property type Land
    Lot 5.63 ac (245,243 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
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    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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