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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1809 Philo Rd Urbana, IL 61802

25,576 SF
Property ID
Property summary
AI-generated overview

This 1,525 sq ft retail space, located at 1809 S. Philo Rd. in Urbana, Champaign County, offers a fantastic opportunity. Situated in a high-traffic area with excellent visibility on Philo Road, this single-tenant space boasts a prime location near major retailers such as Meijer, Walgreens, Planet Fitness, and more. Previously occupied by a dry cleaner and dog grooming business, Suite F features a front open area and a back area with a restroom and storage room. The space is zoned B3 General Business and offers drive-thru capabilities, making it ideal for a variety of retail uses. The building's total square footage is 25,576 sq ft, with 1,525 sq ft currently vacant. The property's APN is 93-21-21-126-050. Signage opportunities are available along Philo Road, ensuring high brand visibility. This location benefits from its proximity to SunnyCrest Mall and its position on a major arterial road with high traffic counts. The strong anchor tenants in the immediate vicinity contribute to a vibrant and successful retail environment. This space presents a compelling opportunity for businesses seeking high visibility and convenient access in a thriving commercial area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 25,576 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
Current use
Occupant on record · Public records
  • Pretty Girl Hair Collection Hair Salon
  • Cutz By Queen Barber Shop
  • Hot Spot Video Poker and Slots Hotel & Motel Resort
  • R.I.S.E. Social Service Agency Community Center
  • Fox Pest Control Urbana Garden Center
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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