1504 Newton Dr Champaign, IL 61822
- Commercial land
- 2.08 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1504 Newton Dr
- Lot size
- 2.08 lot acres
- Property type
- Commercial land
- APN
- 411435126011
- APU
- 411435126011
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2722
- Latitude
- 40.1532
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
