For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

Veterans Pkwy & Mercer Ave Bloomington, IL 61701

Sponsored
For Sale
Contact for pricing

20-acre prime retail site, Bloomington, IL.

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 20-acre development site presents a unique opportunity in the thriving Bloomington, Illinois market. Located at the intersection of Veterans Parkway and Mercer Avenue, this B-1 zoned property offers unparalleled access to a robust and diverse economy. Bloomington is home to major employers such as State Farm Insurance (14,500 employees), Country Financial (2,025 employees), Illinois State University (3,940 employees), and Rivian Automotive (7,500 employees), ensuring a strong and stable consumer base. The area also benefits from a significant higher education presence, including Illinois State University (20,784 students), Heartland Community College (5,280 students), and Illinois Wesleyan University (1,649 students), contributing to a dynamic and growing population. Bloomington's recognition as a top-ranking city for livability, college towns, and start-ups further underscores its exceptional potential. The land is priced at $10-$12 per square foot, representing a compelling investment opportunity given the area's economic strength and favorable demographics. Excellent transportation infrastructure, including access to major railroad lines, Amtrak, and the Central Illinois Regional Airport, enhances the site's accessibility and logistical advantages. This property is ideally suited for a variety of retail developments, capitalizing on the area's strong economic drivers and vibrant community. The McLean County location also benefits from a highly productive agricultural sector, attracting additional businesses and contributing to the overall economic vitality of the region.

Property Features for 0 Veterans Pkwy & Mercer Ave

General Information

Property type
Land
Lot Size
871,200 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Bloomington
County
McLean
State
Illinois
Longitude
-88.9892448
Latitude
40.477779

FAQs

What type of property is this?
Land - 20-acre prime retail site, Bloomington, IL.
Where is this land located?
The property is located at Veterans Pkwy & Mercer Ave Bloomington, IL.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message