Listing Agency: Axis 360 Commercial Real Estate Specialists

Listed By: Greg Yount · License #IL Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:03AM

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Investment Insights

Based on property information with market context.

This commercial land parcel includes utilities and a detention pond, providing established site features for future development. The property is located at 205 N. Prospect Rd. in Bloomington, Illinois, one block east of Veteran's Parkway.

Key Highlights

• Utilities available on the property
• Detention pond included
• One block east of Veteran's Parkway

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,185

Businesses Nearby

Explore this area Business Placement

Demographics for 61704, IL

37,129

Population

16,529

Households

2.2

Avg Household Size

38

Median Age

58%

College-Educated

97%

High-School Grad

19.0 sq mi

ZIP Area

1,954

Density / Sq Mi

$93,107

Median Household Income

$59,072

Median Earnings

$1,094

Median Rent

$242,000

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land with utilities and a detention pond near Veteran's Parkway.

Where is this commercial land located?

The property is located at 205 N Prospect Rd. Bloomington, IL.

What are key features of this property?

This property features: Utilities available on the property; Detention pond included; One block east of Veteran's Parkway