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    386 Wylie Dr Normal, IL 61761

    Sponsored
    For Sale
    $303,613

    Two lots, ideal retail/office. Crossroads Center.

    Property size:
    134,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional offering presents two contiguous commercial lots totaling 6.97 acres at the highly visible Crossroads Center in Normal, Illinois. These parcels, identified as APN 1431100027 and 1431100028, are available individually or as a combined 6.97-acre tract, providing flexibility for various development scenarios. Lot 4 encompasses 3.09 acres, while Lot 5 offers 3.88 acres. Both are zoned B-1 (Highway Business), allowing for a wide range of commercial uses. The property boasts excellent visibility from major roadways, providing easy access to I-74, I-55, I-39, and Illinois Route 9. This strategic location places the lots in close proximity to significant retail anchors, including a Super Walmart, Farm & Fleet, Tractor Supply, and a 60,000 square foot Wehrenberg Movie Theatre, ensuring high traffic and visibility. The asking price for the combined lots is $303,613, representing a compelling opportunity for investors and developers seeking a prime location in a thriving commercial area. The property features two potential building pads, making it ready for immediate development. This is a rare opportunity to acquire land in a high-traffic area with excellent visibility and access to major transportation arteries. Don't miss this chance to secure a prominent position in the heart of Normal's bustling Crossroads Center.

    Property Features for 386 Wylie Dr

    General Information

    Property type
    Land
    Square Feet
    134,600 SF
    Lot Size
    134,600 SF

    HighLights

    • Two adjacent lots and one outlot in Crossroads Center, prime location.
    • Suitable for retail, office, or flex space.
    • High traffic area near Walmart, Farm & Fleet, Tractor Supply, and a large movie theater.
    • Excellent highway visibility and convenient access to I‑74, I‑55, I‑39, and IL Route 9.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Normal
    County
    McLean
    State
    Illinois
    Longitude
    -89.030989132214
    Latitude
    40.495900366057

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    FAQs

    What type of property is this?
    Land - Two lots, ideal retail/office. Crossroads Center.
    Where is this land located?
    The property is located at 386 Wylie Dr Normal, IL.
    What is the asking price?
    The asking price for this property is $303,613.
    What are key features of this property?
    This property features: Two adjacent lots and one outlot in Crossroads Center, prime location.; Suitable for retail, office, or flex space.; High traffic area near Walmart, Farm & Fleet, Tractor Supply, and a large movie theater.
    (309) 270-1565
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    386 Wylie Dr Normal, IL 61761
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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
    386 Wylie Dr Normal, IL 61761
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