305 Tiffany Ct Champaign, IL 61822
- Commercial real estate
Current Use by Public Records
- SK Exteriors / Construction Company / Deck Builder
- Professional Outdoor Solutions / Athletic Field
Property Details for 305 Tiffany Ct
- Construction
- WOOD
- Property type
- Commercial real estate
- APN
- 412008476006
- APU
- 412008476006
Description
This exceptional 18,000-square-foot industrial property at 305 Tiffany Ct Unit 1 offers a unique opportunity for businesses seeking flexible space. The property is zoned Commercial (0060) and sits on 10.76 acres of land, primarily featuring a rock base suitable for various uses. The building is divided into six suites, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 7,000 square feet, offering scalability to suit diverse needs. One available unit, approximately 7,000 square feet, boasts five overhead doors on the front and an additional one at the rear, facilitating efficient loading and unloading. This unit also includes a convenient on-site bathroom. Ample concrete parking is provided at the front of the building, with additional outdoor storage space available at the rear, potentially negotiable within the lease agreement. Enhanced security features include a comprehensive fencing system with automatic gate control and a security camera system. The property's strategic location provides easy interstate access, ensuring convenient transportation for any business. This versatile property is ideal for manufacturing, warehousing, or a combination of both, offering a compelling blend of space, security, and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,655,000
- 6.5%
- $1,510,000
- 7%
- $1,525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,445,000
- Geo Method
- $1,540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,450,000
- Retail
- $1,685,000
- Mixed-Use
- $1,775,000
- Hospitality
- $1,660,000
- Educational
- $1,590,000
- Residential Income
- $1,680,000
- Energy
- $1,590,000
- Income-Based Land
- $1,685,000
- Food Service
- $1,840,000
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.3182
- Latitude
- 40.1159
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA