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Southgate Dr Danville, IL 61834

Prime Retail Development Opportunity in Danville, IL

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 32-acre commercial land parcel presents a unique investment opportunity in Danville, Illinois. Strategically located in the southwest quadrant of Interstate 74 and Lynch Road/Southgate Drive, this property offers unparalleled access and visibility. Currently, 5 acres are under contract to a national fuel provider, leaving up to 15.5 acres available to the north (closest to I-74) and up to 7 acres to the south. The site boasts pre-installed curbcuts on Southgate Drive, with an access drive to be constructed by the existing contract holder. Additional access will be provided via a proposed western access road. All utilities are readily available. This property benefits from its location within an Enterprise Zone and enjoys a prime position near a new Golden Nugget Casino (projected opening Spring 2023), expected to draw significant traffic from a wide radius. The surrounding area features a blend of industrial and retail uses, creating a dynamic and diverse commercial landscape. The permitted zoning is B-3 General Business, making it ideal for a variety of retail developments. This is a rare chance to acquire a substantial tract of land in a high-growth area with excellent infrastructure and proximity to major transportation arteries. The APN is 24-18-100-010. The property is zoned for B-3 General Business use.

Property Details for 0 Southgate Dr

Property type
Retail properties, Land
Lot Size (sq. ft)
1,393,920 SF

Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1154214
Longitude
-87.5363244

FAQs

What type of property is this?
Retail property - Prime Retail Development Opportunity in Danville, IL
Where is the retail property located?
The property is located at Southgate Dr Danville, IL.
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0 Southgate Dr
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