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Fort Worth Way Mattoon, IL 61938

Retail & Hotel Opportunity near Sports Complex

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional commercial land opportunity is located in Mattoon, Illinois, at the Shops at Emerald Acres Sports Connection. This development is part of a larger, 150-acre, $100 million indoor and outdoor sports complex projected to attract 580,000 visitors annually, generating $23.8 million in direct spending and 59,000 hotel room nights. The site offers retail space and outlots ideal for restaurants, hotels, and other retail uses. The property benefits from its strategic location in Mattoon, centrally positioned between major metropolitan areas (Chicago, Indianapolis, and St. Louis), and numerous micropolitan areas. This prime location, coupled with the significant draw of the sports complex, ensures high visibility and substantial foot traffic. The Shops at Emerald Acres Sports Connection will provide walkable access to amenities for athletes, families, and coaches, enhancing the overall customer experience and encouraging repeat visits. The youth sports tourism market, a $45 billion industry with projected annual growth of 10-15% over the next 5-7 years, represents a significant and reliable consumer base with strong buying power. The Mattoon-Charleston Micropolitan Statistical Area, with a trade area population of 101,319, currently draws customers from up to 30 miles, a radius expected to expand to at least 200 miles with the opening of the sports complex. Lot sizes range from 0.5 to 60 acres, providing flexibility for various development scales. This presents a unique investment opportunity within a rapidly growing and lucrative market segment. The property is situated on Fort Worth Way, Mattoon, IL 61938.

Highlights

  • Exceptional commercial land opportunity in Mattoon, IL, within the Shops at Emerald Acres Sports Connection, a 150-acre, $100 million sports complex.
  • Prime location offering retail space and outlots ideal for restaurants, hotels, and other retail uses, benefiting from high visibility and substantial foot traffic.
  • Strategic location in Mattoon, centrally positioned between major metropolitan areas (Chicago, Indianapolis, and St. Louis), and numerous micropolitan areas.
  • Lot sizes range from 0.5 to 60 acres, accommodating various development scales.
  • Strong investment opportunity within the rapidly growing youth sports tourism market, projected to grow 10-15% annually.

Property Details for 0 Fort Worth Way

Property type
Land
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Mattoon
County
Coles
State
Illinois
Latitude
39.482787719845
Longitude
-88.328866932565

FAQs

What type of property is this?
Land - Retail & Hotel Opportunity near Sports Complex
Where is the land located?
The property is located at Fort Worth Way Mattoon, IL.
What are key features of this property?
This property features: Exceptional commercial land opportunity in Mattoon, IL, within the Shops at Emerald Acres Sports Connection, a 150-acre, $100 million sports complex.; Prime location offering retail space and outlots ideal for restaurants, hotels, and other retail uses, benefiting from high visibility and substantial foot traffic.; Strategic location in Mattoon, centrally positioned between major metropolitan areas (Chicago, Indianapolis, and St. Louis), and numerous micropolitan areas.
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0 Fort Worth Way
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