The 32.855 acres of undeveloped Applewood Valley land is being zoned Commercial Neighborhood (CN) along Curtis Road and Mattis Avenue, which allows for a variety of commercial uses. The interior acreage is being zoned as Multifamily Low Density (MF1), which allows for two to three story apartment buildings. The CN zoning will encompass -+17.1 acres, and the MF1 zoning will have -+ 15.755 acres. The acreage is being sold “as is” without utilities and infrastructure developed out. Utilities are located across Mattis Avenue and can easily be brought to the site. Seller has development plans that can be shared and come with the sale of the land.
| Property Type | Land -Retail |
|---|---|
| Property Use | Rental or Investment |
| Max Continuous Area | 1,431,160 |
| Zoning | CN - Commercial Neighborhood, MF1 - Multifamily Lo |
| Tax Year | 2021 |
| Listing ID | XJBG7M |
| Style | Other Style |
| Building Size | 1,431,160 SF |
| Lot Size | 32.86 AC |
| Taxes | $1,978 |
Area Description: The Applewood Valley development land is located on the southwest corner of the intersection of Curtis Road and Mattis Avenue in southwest Champaign. The site offers easy access to I-57 and south Champaign and Savoy area. The 80,000 SF Carle Clinic medical facility and Liberty on the Lake subdivision are both located east of the land. The Carle at the Fields development has added 1,200 – 1,500 new employees to the area two miles west of the land along with other multi-family developments.
| Lot Size: | 20-50 Acres |