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    Lots West Gate Plz Bloomington, IL 61705

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    For Sale
    Contact for pricing

    Versatile land for commercial or industrial development in Bloomington, IL.

    Property size:
    17 SF
    Lot size:
    17.24 Acres

    Property Features for Lots West Gate Plz

    General Information

    Size
    17 SF
    Lot size
    17.24 Acres

    Source: Jill Spratt Agent Jill Spratt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bloomington Commercial/Industrial Development Opportunity

    This property, located at Interstate Business Park and West Gate Plaza Lots in Bloomington, IL, presents a prime investment opportunity. Zoned for both B1 and M1, it offers versatile potential for commercial and industrial development. The property benefits from its strategic location, providing easy access to major transportation routes and close proximity to key business and industrial hubs. Infrastructure is in place, ready for immediate development. The property also offers ample space for expansion and customization. Multiple lots are available along Avalon Drive off of Illinois Route 9. Additionally, there is a lot available on the corner of Interstate Drive and Illinois Route 9. The location provides close proximity to interstates 74, 55, and 39. The property is located just minutes away from the Rivian Plant, making it an attractive investment opportunity for land and other investors in the thriving Bloomington area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.992
    Latitude
    40.4766

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    FAQs

    What type of property is this?
    Land - Versatile land for commercial or industrial development in Bloomington, IL.
    Where is this land located?
    The property is located at Lots West Gate Plz Bloomington, IL.
    What is the asking price?
    The asking price for this property is $3.
    What are key features of this property?
    This property features: - Prime location in Interstate Business Park and West Gate Plaza Lots.; - Close proximity to the Rivian Plant.; - Zoned B1 or M1 for versatile commercial or industrial use.
    (217) 722-3584
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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
    Lots West Gate Plz Bloomington, IL 61705
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