Listing Agency: SVN Core 3 j***@svn.com Show Phone

Listed By: Jill Spratt · License #471.022624

Source: Crexi

Added: Dec 19, 2023 Changed: Aug 8 Last Checked: Jul 15 at 10:08PM

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Investment Insights

Based on property information with market context.

Located within the Interstate Business Park and West Gate Plaza Lots in Bloomington, IL, this property presents a versatile investment opportunity. Zoned for both B1 and M1, it offers potential for commercial and industrial development. The property benefits from its strategic location, providing easy access to major transportation routes and proximity to key business and industrial hubs. Infrastructure is in place to support immediate development, and the expansive space allows for expansion and customization. The property is located minutes away from the Rivian Plant. Lots range in size from 2.27 acres up to 8.62 acres.

Property Analytics

Property Profile

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

105

Businesses Nearby

Explore this area Business Placement

Demographics for 61705, IL

14,682

Population

5,378

Households

2.7

Avg Household Size

39

Median Age

57%

College-Educated

98%

High-School Grad

86.9 sq mi

ZIP Area

169

Density / Sq Mi

$120,470

Median Household Income

$67,609

Median Earnings

$1,294

Median Rent

$310,100

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Versatile land for commercial or industrial development in Bloomington, IL.

Where is this commercial land located?

The property is located at Avalon Way Bloomington, IL.