Turnkey Warehouse with Dock
1008 Wylie Drive Bloomington, IL 61705
For Sale
$3,461,461
New 13,440 SF warehouse features insulated metal roof, 24-foot clearance, and three overhead doors.
Property Size13,440 SF
Price / SF$257.55
Days on Market26
Property Features for 1008 Wylie Drive
General Information
- Standard status
- Active
- Size
- 13,440 SF
- Property subtype
- Industrial
Listing Agency:
SVN | Core 3
(217) 722-3584
Listed By:
Jill Spratt · License #471022624
(217) 722-3584
Source:
Svn
Added: Jun 29
Changed: Jul 22
Last Checked: Jul 24 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Core 3
Investment Insights
Based on property information with market context.
Newly constructed in 2025, this warehouse facility offers 13,440 square feet designed for logistics use. The building sits on an 8-inch poured concrete ground slab and is framed in wood with enameled steel exterior walls and an insulated metal roof. Clearance averages 24 feet. There are three large overhead doors, including two dock doors and one drive-in door.
The property is described as being in close proximity to interstates. The offering includes established rental income supported by a long-term lease.
As a turnkey asset with modern construction and logistics-focused door configuration, the building is positioned for continued, stable occupancy under the existing tenancy.
The property is described as being in close proximity to interstates. The offering includes established rental income supported by a long-term lease.
As a turnkey asset with modern construction and logistics-focused door configuration, the building is positioned for continued, stable occupancy under the existing tenancy.
Key Highlights
- New 13,440 SF commercial warehouse built in 2025
- 24‑foot average clearance height for warehouse storage and logistics
- Insulated metal roof with 8‑inch poured concrete ground slab
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.3k | $10.44 |
| − Vacancy | −$7.7k | −$0.57 |
| EGI | $132.6k | $9.87 |
| − OpEx | −$19.9k | −$1.48 |
| NOI | $112.7k | $8.39 |
13,440 SF · lease $10.44/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,707 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,116 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
FAQs
What type of property is this?
Warehouse - New 13,440 SF warehouse features insulated metal roof, 24-foot clearance, and three overhead doors.
Where is this warehouse located?
The property is located at 1008 Wylie Drive Bloomington, IL.
What is the asking price?
The asking price for this property is $3,461,461.
What are key features of this property?
This property features: New 13,440 SF commercial warehouse built in 2025; 24‑foot average clearance height for warehouse storage and logistics; Insulated metal roof with 8‑inch poured concrete ground slab
