0 Farm Credit DrMahomet, IL 61853

Property Details for 0 Farm Credit Dr

Lot size

0.70 AC

Property type

Land

Description

Invest in this exceptional opportunity at Prairieview Commons, a new 10-acre commercial subdivision in Mahomet, Illinois. Located at the northeast corner of US 150 and Prairieview Road, this development boasts frontage on Interstate 74, ensuring high visibility and accessibility. Multiple lots are available, ranging from 0.71 to 3.17 acres, and are zoned C2 Commercial, offering flexibility for various commercial uses. Site utilities are currently being installed, and the road extension and roundabout are slated for completion by the end of 2024, making these lots build-ready now. This development presents a unique opportunity for businesses seeking a strategic location in a thriving community. A 71-room upper-midscale franchise hotel has already been approved for a northeast lot. The developer is also constructing 2-3 multi-tenant commercial buildings for lease on the north-central lot. Flexible options are available, including outright land sale, build-to-purchase, and build-to-lease arrangements. Land prices range from $8 to $12 per square foot. This is a fee simple ownership opportunity in Champaign County, Illinois, with the address located on Farm Credit Drive, zip code 61853. Don't miss this chance to secure your place in this rapidly developing commercial hub.

Location Insight

City

Mahomet

County

Champaign

State

Illinois

Latitude

40.1836

Longitude

-88.3613

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