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    Maple Hill Rd Bloomington, IL 61701

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    For Sale
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    Bloomington, IL commercial lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Prime commercial land available in Bloomington, IL, at the I-55/I-74 interchange. Multiple lots are zoned B1 and offer exceptional development potential due to the high traffic volume and strong surrounding commercial activity. The area boasts over 800 hotel rooms within immediate proximity, along with two major truck stops, ample shopping and dining options including national chains, and proximity to a growing industrial sector anchored by Rivian Automotive. Bloomington-Normal's robust economy is driven by major employers such as State Farm, Country Financial, Illinois State University, and OSF Healthcare, creating a strong and diverse employment base. The area also benefits from a significant student population due to the presence of Illinois State University, Heartland Community College, and Illinois Wesleyan University, further enhancing the market's dynamism. Bloomington-Normal's consistent ranking among the nation's most livable cities and its thriving startup ecosystem add to the investment appeal of this exceptional development opportunity. The land is conveniently located to serve the west side industrial community and offers easy access to major transportation routes, including four major railroad lines, Amtrak, and the Central Illinois Regional Airport. This is a rare chance to acquire land in a high-growth area with significant upside potential. APN: 21-06-128-008, 21-06-128-017, 21-06-128-004. Land value: $5/SF.

    Property Features for 0 Maple Hill Rd

    General Information

    Property type
    Land

    HighLights

    • Land for sale in Bloomington, IL, totaling multiple lots near the I‑55/I‑74 interchange.
    • B1 zoning.
    • Priced at $5/SF.
    • Broker co‑op available.
    • APN: 21‑06‑128‑008, 21‑06‑128‑017, 21‑06‑128‑004.
    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

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    FAQs

    What type of property is this?
    Land - Bloomington, IL commercial lots
    Where is this land located?
    The property is located at Maple Hill Rd Bloomington, IL.
    What are key features of this property?
    This property features: Land for sale in Bloomington, IL, totaling multiple lots near the I-55/I-74 interchange.; B1 zoning.; Priced at $5/SF.
    (309) 664-3617
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    Maple Hill Rd Bloomington, IL 61701
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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
    Maple Hill Rd Bloomington, IL 61701
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