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Property profile & analytics
FOR SALE
Commercial land

2730 Philo Rd Urbana, IL 61802

Entity Owned Absentee Owner Free & Clear
Property ID
US28-1014084
Property summary
AI-generated overview

This exceptional 1.01-acre commercial lot, located at 2730 Philo Rd, Urbana, IL 61802 (APN 932128201003), presents a unique investment opportunity. Situated within the highly desirable Stone Creek Commons, a Class A office park in southeast Urbana, this fee-simple property boasts a prime location at the signalized intersection of Windsor Road and Boulder Drive, ensuring exceptional visibility. The lot is zoned B3 and is part of the Urbana Enterprise Zone, offering potential tax advantages. Stone Creek Commons features attractive amenities including walking trails, ponds, mature trees, and meticulous landscaping. The property's strategic location offers excellent access to major thoroughfares and a strong surrounding commercial base, including the adjacent Pines retail center (anchored by Busey Bank, Monical's, Subway, and others), Carle Hospital, Christie Clinic, Meijer, and Little Hearts and Hands. The proximity to significant residential areas and the Atkins Golf Club at the University of Illinois further enhances its appeal. Build-to-suit options are available, making this lot ideal for retail development, potentially including drive-through capabilities. This shovel-ready lot represents a compelling opportunity for businesses seeking high visibility and convenient access in a thriving community. The asking price is $351,965.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 932128201003
UPID US28-1014084
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
TAG COMMERCIAL LLC
TAG COMMERCIAL LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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