406-408 Detroit Dr Bloomington, IL 61704
- Land
- 2.41 lot acres
Current Use by Public Records
- Land
Property Details for 406-408 Detroit Dr
- Lot size
- 2.41 lot acres
- Property type
- Land
Description
This exceptional 2.41-acre commercial land parcel, located at 406-408 Detroit Drive in Bloomington, Illinois (zip code 61704), presents a unique investment opportunity. The property is zoned B-1, Highway Business, allowing for a variety of commercial uses. Its prime location on a high-traffic sub-artery provides excellent visibility and accessibility. The area is experiencing significant growth, with recent development including new housing, schools, and airport expansion. This parcel is situated minutes from major roadways including I-55, I-74, and Veterans Parkway, ensuring convenient access for customers and employees. Bloomington-Normal boasts a strong and diversified economy, anchored by major employers such as State Farm Insurance, Country Financial, Illinois State University, Rivian Automotive, and OSF Healthcare. The area also benefits from a robust higher education system, including Illinois State University, Heartland Community College, and Illinois Wesleyan University, contributing to a thriving and growing community. The city's strong economic drivers, coupled with its high ranking in national "best places to live" surveys, make this a highly desirable location for commercial development. The property's APN is 22-07-225-004, 2, and ownership is fee simple. This is an excellent opportunity to capitalize on the burgeoning growth and strong economic fundamentals of Bloomington-Normal.
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
- Bloomington
- County
- McLean
- State
- Illinois
- Longitude
- -88.9029
- Latitude
- 40.4724
