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    OFF-MARKET
    Warehouses

    2551 College Ave, Normal, IL 61761

    117,600 SF Built 1990
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 2551 W College Ave in Normal, Illinois, presents a significant opportunity. The single-tenant warehouse boasts a substantial 117,600 square feet of space, with 35,000 square feet currently available. Built in 1990, the building sits on a generous 6-acre lot in McLean County and features a desirable 28-foot ceiling height, ideal for various industrial uses. The property includes 5 loading docks for efficient material handling. Its prime location offers unparalleled convenience, with easy access to a vibrant array of dining establishments including Medici, BraiZe, and Avanti's Italian Restaurant. Beyond the culinary scene, the property benefits from proximity to major shopping destinations such as College Hills Mall and the recreational amenity of the Constitution Trail. Families will appreciate the nearby Children's Discovery Museum and the attractions of Uptown Normal Circle. The property's strategic location and substantial size make it an attractive investment for businesses seeking a well-situated and functional warehouse space in a thriving community. The zip code is 61761.

    Property profile
    Verified
    Property type Warehouses
    Year built 1990
    Total area 117,600 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Flying Dragons Pole Vault Club Gym & Fitness Center Sports Field & Court
    • NTW - National Tire Wholesale (Bike/Boat/Book/etc) Store Auto Parts Store
    • Coats Performance Gym & Fitness Center Sports Field & Court
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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