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Marianna Drive
Champaign, IL 61822
Asking Price
$441K
Asset Type
Agricultural Land
Class
Class B
What's Special
Development Land - 14.69 acres - North Champaign <ul><li>Located near Duncan Road & Olympian Drive in north Champaign</li><li>Currently zoned AG-2 in Champaign County</li><li>Adjacent to City of Champaign limits and utilities</li><li>Neighboring the Clearview mixed-use subdivision</li><li>Strong potential for future annexation and residential development</li><li>Excellent access to Interstate 57 & Interstate 74 via Olympian Drive interchange</li><li>Ideal setting for single-family residential development</li><li>Located near St. Thomas
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NOI
$80,000
Cap Rate
18.15%
DSCR
3.06
Strong
Cash-on-Cash
40.72%
Monthly Payment
$2,180.343
Annual Cash Flow
$53,835.882
