1504 Newton Dr, Champaign, IL 61822
For Sale
This exceptional 2.31-acre industrial lot is ideally situated in Champaign's Interstate Research Park, offering unparalleled access to major transportation arteries. Located at 1504 Newton Drive, Champaign, IL 61822 (APN: 41-14-35-126-011), this shovel-ready property boasts convenient access to the I-57 and Olympian Drive interchange, ensuring seamless logistics for your business. All utilities are readily available on-site. The property is zoned Industrial 1, making it suitable for a variety of industrial uses. The seller is open to build-to-suit projects, offering flexibility to tailor the development to your specific needs. This presents a unique opportunity to establish a presence in a thriving industrial park with excellent connectivity. Furthermore, an additional 4.09 acres of contiguous land is also available for expansion. The Interstate Research Park's strategic location provides easy access to I-72 and I-74 within a short distance, and the recently improved Olympian Drive connects to Lincoln Avenue and Market Street, offering convenient access to shopping and dining options at Market Place Mall and the N. Prospect district. This prime location and build-to-suit potential make this an exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.