920 Anthony Dr Champaign, IL 61821
- Commercial real estate
- 0.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 920 Anthony Dr
- Construction
- WOOD
- Lot size
- 0.93 lot acres
- Property type
- Commercial real estate
- APN
- 412002276014
- APU
- 412002276014
Description
This exceptional 0.93-acre commercial/industrial land parcel presents a unique build-to-suit opportunity in Champaign County's most coveted retail area. Zoned CG, this single-tenancy lot offers 8,100 square feet of vacant space, ideal for a variety of retail developments. The property boasts unparalleled visibility, strategically located just west of the high-traffic North Prospect Retail Corridor and the I-74 interchange, ensuring maximum exposure to a substantial customer base. Its proximity to numerous established businesses, including Rural King, DaVita Dialysis, Goodwill, Chipotle, and Sam's Club, further enhances its desirability. The site benefits from excellent access and high traffic counts, with W Anthony Drive registering 5,400 AADT and N Prospect Ave boasting 27,300 AADT. This presents a rare chance to establish a thriving retail presence in a thriving commercial hub. Building sizes from 1,100 to 4,500 square feet are negotiable, making this an adaptable and attractive investment for developers seeking a prime location with significant growth potential. The APN is 41-20-02-276-014. This is a truly exceptional opportunity to capitalize on a high-demand location in a rapidly growing market. Contact us today to discuss your build-to-suit plans.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $265,000
- 7%
- $245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $230,000
- Mixed-Use
- $225,000
- Hospitality
- $260,000
- Educational
- $275,000
- Residential Income
- $235,000
- Energy
- $230,000
- Income-Based Land
- $285,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2603
- Latitude
- 40.1365
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA