Property profile

310-312 Roosevelt Ave Bloomington, IL 61701

OFF-MARKET
Commercial real estate
Property ID
US28-1035674
31,107 SF 0.73 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 310-312 S. Roosevelt Ave in Bloomington, Illinois, presents a unique investment opportunity. The 29,500 square foot building sits on a 0.96-acre lot and boasts a versatile layout encompassing warehouse, flex, and refrigerated/cold storage space. The property features five dock-high doors, providing efficient loading and unloading capabilities. The warehouse area benefits from 18-foot high ceilings and is heated, ensuring optimal climate control. A drive-in cooler, also with 18-foot ceilings, adds to the property's functionality. The building's design incorporates cross-dock capabilities, enhancing operational efficiency. Convenient access is provided from three city streets. The property is zoned D-3 and its APN is 21-04-376-014

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 31,107 SF
Lot 0.73 ac (31,664 SF)
APN 21-04-376-014
UPID US28-1035674

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

310-312 Roosevelt Ave Bloomington, IL 61701
Bloomington metro Census 1600 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$915k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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