795 Veterans Pkwy Bloomington, IL 61701
- Land
- 11.49 lot acres
Current Use by Public Records
- Land
Property Details for 795 Veterans Pkwy
- Lot size
- 11.49 lot acres
- Property type
- Land
Description
This exceptional 11.49-acre commercial land parcel presents a unique development opportunity in Normal, Illinois. Strategically located on Veterans Parkway, a major commercial thoroughfare in the Bloomington-Normal area, this site boasts unparalleled accessibility and visibility. Its proximity to a Home Depot, State Farm Corporate Headquarters (within 3.5 miles), and Illinois State University (under 3 miles) ensures high traffic volume and a strong consumer base. The property is conveniently situated off Interstate 55, further enhancing its logistical advantages. All utilities are in place, and on-site detention is already established, streamlining the construction process. The site is currently undeveloped, offering a blank canvas for a wide range of commercial ventures. The surrounding area demonstrates robust demographics, with a population of 72,852 within a 3-mile radius and an impressive average household income of $892,619. High traffic counts on Veterans Parkway (26,789 AADT) and Shepard Road (9,550 AADT) underscore the significant potential for commercial success. This is a rare opportunity to acquire a prime commercial land parcel in a thriving market, ready for immediate development. The property is zoned CG - Commercial General.
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
- -88.9892
- Latitude
- 40.4778
