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    1505 N Bowman Avenue Rd Danville, IL 61832

    For Lease
    $8 SF/Yr ($13,333 /Mo)

    20,000 SF retail space available in Danville, Illinois.

    Property size:
    20,000 SF
    Lot size:
    0.46 Acres

    Property Features for 1505 N Bowman Avenue Rd

    General Information

    Size
    20,000 SF
    Lot size
    0.46 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Nick Ragle

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

    Overview

    Retail Space in Holiday Square

    A 20,000 square foot retail space is available for lease within the Holiday Square Shopping Center. The center totals 35,000 square feet. The available space is in shell condition and features 18-foot clear heights, a new roof, divided utilities, and LED lighting. Goodwill occupies the remainder of the center and shares two truck docks with 9-foot overhead doors at the rear of the building. The landlord is willing to create a solution if separation of the truck docks is needed. The landlord is able to provide vanilla box build-out to tenant specifications upon request for qualified candidates. The property is located on North Bowman Avenue Road in Danville, Illinois.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Ames Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.607806
    Latitude
    40.150619

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    FAQs

    What type of property is this?
    Shopping center - 20,000 SF retail space available in Danville, Illinois.
    Where is this shopping center located?
    The property is located at 1505 N Bowman Avenue Rd Danville, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - 20,000 sq ft retail vacancy in neighborhood shopping center.; - Landlord offers vanilla box build-out to tenant specifications for qualified candidates.; - Benefit from 18' clear heights.
    (217) 352-7712
    Request Owner's contact information
    1505 N Bowman Avenue Rd Danville, IL 61832
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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
    1505 N Bowman Avenue Rd Danville, IL 61832
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