College Ave Normal, IL 61761
- Land
- 16.36 lot acres
Current Use by Public Records
- Land
Property Details for 0 College Ave
- Lot size
- 16.36 lot acres
- Property type
- Land
Description
This exceptional 16.36-acre commercial land parcel presents a remarkable development opportunity in Bloomington, Illinois. Strategically located on E. College Avenue, the property boasts convenient access from three major roadways, ensuring high visibility and accessibility for any future development. The site is zoned B1/Highway Business District, allowing for a wide range of commercial uses. Surrounding the property is a thriving mix of retail centers, medical and general office complexes, hotels, and established residential neighborhoods, both single-family and multi-family. This ensures a robust customer base and strong potential for future growth. Nearby retail anchors include well-known national brands such as Walgreens, TJ Maxx, Jewel-Osco, Meijer, and Sherwin Williams, further highlighting the area's commercial strength and desirability. The property's size and location within a rapidly developing area make it an ideal investment for developers seeking a high-impact project with significant long-term potential. The B1 zoning provides flexibility for a variety of commercial ventures, catering to the needs of the surrounding community and capitalizing on the high traffic volume. This is a rare opportunity to acquire a substantial land parcel in a prime location with excellent growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Normal
- County
- Mclean
- State
- Illinois
- Longitude
- -88.9544
- Latitude
- 40.5105
