Turnkey Warehouse with Dock
For Sale
$3,461,461
1008 Wylie Drive, Bloomington, IL 61705
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 Market99
Property Features for 1008 Wylie Drive
General Information
Standard status
Active
Size
13,440 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
24 ft
Dock-High Doors
2
Drive-In Doors
1
Additional Details
Highway Access
Yes
Building Details
Building Size
13,440 SF
Year Built
2025
Listing Agency:
SVN | Core 3
Listed By:
Jill Spratt · License #471022624
(217) 722-3584
Source:
Svn
Added: Jun 29
Changed: Sep 8
Last Checked: Oct 4 at 7:57AM
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
Estimated NOI and Cap Rate
NOI / Yr
$112,707
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,254,140
$2.3M
Cap Rate 7%
$1,610,100
$1.6M
Cap Rate 9%
$1,252,300
$1.3M
Market Conditions
NOI Build-Up for 13,440 SF
Gross rent
$140.3K $10.44/SF
− Vacancy
−$7.7K −$0.57/SF
EGI
$132.6K $9.87/SF
− OpEx
−$19.9K −$1.48/SF
NOI
$112.7K $8.39/SF
Area
McLean County, IL
Vacancy
5.50%
Lease Rate
$10.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,254,140
Cap Rate 7%
$1,610,100
Cap Rate 9%
$1,252,300
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 authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61705, IL
14,682
Population
5,378
Households
2.7
Avg Household Size
39
Median Age
57%
College-Educated
98%
High-School Grad
86.9 sq mi
ZIP Area
169
Density / Sq Mi
$120,470
Median Household Income
$67,609
Median Earnings
$1,294
Median Rent
$310,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
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
