804 Eastwood Dr Mahomet, IL 61853
- Strip malls
- 32,514 SF
- 2.81 lot acres
Current Use by Public Records
- Lisa Michelle's Hair Studio / Hair Salon
- Mahomet Animal Hospital / Animal Hospital
- Andrew White Dentistry / Dentist / Cosmetic Dentist
- The Poke Shack / Poke Bar
- Mahomet Ace Hardware / Home Improvement Store / Paint Store
Property Details for 804 Eastwood Dr
- Lot size
- 2.81 lot acres
- Property size
- 32,514 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 151315251023
- APU
- 151315251023
Description
Eastwood Center, located at 804 Eastwood Dr in Mahomet, IL, offers exceptional retail and office space opportunities in a thriving community. This single-story, Class B building, constructed in 1980 and renovated in 2016, boasts a prime location near the I-74 & IL Rt 47 interchange and downtown Mahomet. The center features a mix of tenants, including CVS and ACE Hardware, and is shadow-anchored by Schnuck's grocery store, ensuring high traffic and visibility. Available spaces include Suite 14, a 1,313 square foot vanilla box ready for tenant improvements, and move-in ready Suites 6 (790 sq ft) and 7 (770 sq ft), which can be combined. The property offers ample parking and excellent signage opportunities, making it an ideal location for businesses seeking high visibility and convenient access. The property is zoned commercial and situated in Champaign County (zip code 61853). Immediate occupancy is available for Suites 6 and 7. This is a multiple-tenancy property within a strip center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,235,000
- 6.5%
- $2,330,000
- 7%
- $2,495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,560,000
- Geo Method
- $2,380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,540,000
- Retail
- $2,650,000
- Mixed-Use
- $2,860,000
- Hospitality
- $2,820,000
- Educational
- $2,165,000
- Residential Income
- $2,745,000
- Energy
- $2,490,000
- Income-Based Land
- $2,620,000
- Food Service
- $2,525,000
Location Insight
- Map
- Local Demand
- City
- Mahomet
- County
- Champaign
- State
- Illinois
- Longitude
- -88.3969
- Latitude
- 40.1965
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
