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812 W Interstate Dr 1.25 Acres of Commercial Land Offered at $695,000 in Champaign, IL 61822
EXECUTIVE SUMMARY
Subject property is ideally positioned on the northeast corner of N. Prospect Avenue and Interstate Drive and provides easy access to Interstate 57 and Interstate 74. All Walmart outlots along N. Prospect have been developed so this site is the next logical place to develop and continue the growth of the N. Prospect retail corridor.
There is an abundance of major retailers within walking distance such as Walmart, Aldi, Menards, Starbucks, Chick-Fil-A, Meijer, AMC Theatres, Best Buy, Target, Lowe’s and Portillo’s. Additionally, there is a multitude of housing complexes within walking distance such as Watersedge Apartments, Ashland Park, Villas at Ashland Farm, Baytowne Apartments, Nantucket Cove Apartments, Town Center Apartments, Carlsbrook Apartments and Hunters Pond.
PROPERTY FACTS
| Price | $695,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.25 AC |
| Zoning | CN | ||
| Price | $695,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.25 AC |
| Zoning | CN |
1 LOT AVAILABLE
Lot
| Price | $695,000 | Lot Size | 1.25 AC |
| Price Per AC | $556,000.00 |
| Price | $695,000 |
| Price Per AC | $556,000.00 |
| Lot Size | 1.25 AC |
$705,000 (Reduced from $750,000)
DESCRIPTION
This 1.25 acre site is ready to be developed with all utilities to the site. It provides the developer with 343 ft. of frontage along the N Prospect retail corridor and 139 ft. of frontage on Interstate Dr. Subject property is ideally positioned on the northeast corner of N. Prospect Avenue and Interstate Drive and provides easy access to Interstate 57 and Interstate 74. All Walmart outlots along N. Prospect have been developed so this site is the next logical place to develop and continue the growth of the N. Prospect retail corridor. There is an abundance of major retailers within walking distance such as Walmart, Aldi, Menards, Starbucks, Chick-Fil-A, Meijer, AMC Theatres, Best Buy, Target, Lowe’s and Portillo’s. Additionally, there is a multitude of housing complexes within walking distance such as Watersedge Apartments, Ashland Park, Villas at Ashland Farm, Baytowne Apartments, Nantucket Cove Apartments, Town Center Apartments, Carlsbrook Apartments and Hunters Pond. Traffic Counts: N Prospect Ave – 11,800 – 28,200AADT Interstate Dr. – 5,300 AADT
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812 W Interstate Dr
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