Property profile

0 Towanda Barnes Rd Bloomington, IL 61704

OFF-MARKET
Land
6.1 ac lot
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Property summary

AI-generated overview

This 6.1-acre commercial lot, located at N Towanda Barnes Rd, Bloomington, IL 61704 (APN 22-18-200-005), is zoned B-1 and presents a high-visibility opportunity for various commercial uses. The property is considered "shovel ready" and boasts existing infrastructure, including sewer and water lines readily accessible at the property boundary. Its multi-use zoning allows for a wide range of development possibilities, making it an attractive investment for businesses seeking a strategic location in McLean County. Detailed site plans and supporting documentation are available upon request. The property's size offers flexibility; it is divisible to accommodate multiple tenants or a phased development approach. This exceptional location provides excellent visibility and accessibility, making it an ideal site for businesses seeking to establish a strong presence in the Bloomington market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land parcel. The property is ready for immediate development.

Property profile

Verified
Property type Land
Lot 6.1 ac (265,716 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Towanda Barnes Rd Bloomington, IL 61704
Bloomington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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