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    2416 Maloney Dr Bloomington, IL 61704

    Sponsored
    For Sale
    Contact for pricing

    Prime 0.32-acre lot, build-to-suit.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.32-acre commercial lot, located at 2416 Maloney Drive in Bloomington, Illinois, presents a unique opportunity for development. Situated near the Veterans/Washington Street corridor, this vacant land offers high visibility and convenient access. The property boasts a generous 3,000 square feet of buildable space, perfect for an executive office building or similar commercial venture. Plans allow for the construction of a building with ample parking, accommodating 14 vehicles. The site is currently vacant, providing flexibility for a custom design to meet specific business needs. This is an ideal location for businesses seeking a prominent presence in a thriving area of Bloomington. The property's zoning allows for office use, making it a straightforward and attractive option for developers or businesses looking to build their own space. The address is 2416 Maloney Drive, Bloomington, IL 61704. The property's convenient location and ample buildable space make it a highly desirable investment opportunity. This is a rare chance to acquire a prime commercial lot in a sought-after area of Bloomington. The site is ready for immediate development, offering a streamlined path to occupancy.

    Property Features for 2416 Maloney Dr

    General Information

    Property type
    Land
    Square Feet
    3,000 SF
    Lot Size
    13,939 SF

    HighLights

    • Prime 0.32‑acre development site in Bloomington, IL.
    • Vacant 3,000 square foot buildable lot.
    • Ideal for executive office build‑to‑suit or sale.
    • 14 parking spaces available.
    • Located near Veterans/Washington Street corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Mclean
    State
    Illinois
    Longitude
    -88.948473
    Latitude
    40.4813504

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    FAQs

    What type of property is this?
    Land - Prime 0.32-acre lot, build-to-suit.
    Where is this land located?
    The property is located at 2416 Maloney Dr Bloomington, IL.
    What are key features of this property?
    This property features: Prime 0.32-acre development site in Bloomington, IL.; Vacant 3,000 square foot buildable lot.; Ideal for executive office build-to-suit or sale.
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    2416 Maloney Dr Bloomington, IL 61704
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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
    2416 Maloney Dr Bloomington, IL 61704
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