201 Devonshire Dr Champaign, IL 61820
- Office Properties & Spaces
- 2.40 lot acres
Current Use by Public Records
- WHMS / Radio Broadcaster
Property Details for 201 Devonshire Dr
- Lot size
- 2.40 lot acres
- Property type
- Office Properties & Spaces
- APN
- 452024401004
- APU
- 452024401004
Description
This exceptional 19,086 square foot Class B medical office building in Champaign, IL, offers a unique opportunity. Situated on 2.05 acres within Corporate Center Office Park, this single-story building boasts 86 parking spaces and is conveniently located near Neil Street, Willard Airport, downtown Champaign, and the University of Illinois. Built in 1995, the property features a welcoming reception area, 21 private offices, 9 open work areas, 6 conference rooms, a kitchen, server room with dedicated Liebert CRAC system and anti-static flooring, 4 restrooms, shipping/receiving area, and ample storage. The building is divisible into approximately 9,153 square feet and 9,933 square feet. It includes 3-phase power and an uninterruptible power system. The property is zoned CG (Commercial General) and has a total of two suites. Currently, 9,153 square feet of space is vacant. Landlord pays real estate taxes and building insurance
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,325,000
- 6.5%
- $2,395,000
- 7%
- $2,700,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,500,000
- Geo Method
- $2,595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,085,000
- Retail
- $2,735,000
- Mixed-Use
- $2,150,000
- Hospitality
- $2,740,000
- Educational
- $2,505,000
- Residential Income
- $2,420,000
- Energy
- $2,280,000
- Income-Based Land
- $2,425,000
- Food Service
- $2,870,000
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2481
- Latitude
- 40.0894
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
