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    1 Auto Row Dr Bloomington, IL 61704

    Sponsored
    For Sale
    $995,000

    14,012 SF Retail Space - Prime Location

    Property size:
    14,012 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 14,012-square-foot retail space, located at 1 Auto Row Drive, Unit 2, Bloomington, IL, presents a remarkable investment opportunity. Situated on the bustling Veterans Parkway, this property benefits from exceptional visibility and high traffic counts exceeding 43,300 vehicles daily. The open floor plan offers unparalleled flexibility for a wide range of businesses. Floor-to-ceiling windows along the front and side of the building provide abundant natural light and excellent street exposure, maximizing visibility and attracting potential customers. Beyond the main retail area, the property includes a substantial warehouse space, perfectly suited for storage or additional business operations. This warehouse area also features two pre-built offices and a dedicated employee break room, enhancing functionality and employee comfort. The property's location within a vibrant commercial district, surrounded by popular dining and shopping destinations, ensures a strong customer base and high foot traffic. This property is being sold in its current "as is" condition. The asking price is $995,000. This is a rare opportunity to acquire a well-positioned, versatile commercial space in a thriving market. Don't miss out on this chance to establish or expand your business in a high-demand location.

    Property Features for 1 Auto Row Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    14,012 SF

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    The Next Step Dance ... Dance School Next Step Dance Dance School 309 Elevators Elevator Service CosmoProf Beauty Supply Store Karen Storm Monroe ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.95226
    Latitude
    40.50454

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    FAQs

    What type of property is this?
    Commercial real estate - 14,012 SF Retail Space - Prime Location
    Where is this commercial real estate located?
    The property is located at 1 Auto Row Dr Bloomington, IL.
    What is the asking price?
    The asking price for this property is $995,000.
    (309) 590-7900
    Request Owner's contact information
    1 Auto Row Dr Bloomington, IL 61704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Auto Row Dr Bloomington, IL 61704
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