Technical
Financial
Distress signals
Property profile

795 Veterans Pkwy Normal, IL 61761

OFF-MARKET
Land
11.49 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 11.49-acre commercial land parcel presents a unique investment opportunity in Normal, Illinois. Strategically located on Veterans Parkway, the main commercial artery of the Bloomington-Normal area, this property enjoys unparalleled visibility and accessibility. Its proximity to major shopping centers and significant employers makes it an ideal site for a variety of commercial developments. The location offers convenient access to Interstate 55, ensuring seamless connectivity for both employees and customers. Furthermore, the property's close proximity to State Farm's corporate headquarters (approximately 3.5 miles, employing 15,000), Country Financial (approximately 3.5 miles, employing 3,868), and Illinois State University (less than 3 miles, with over 20,000 students and 3,500 employees) guarantees a substantial and diverse potential customer base. The site is adjacent to The Home Depot, further enhancing its desirability and commercial viability. This prime location offers significant potential for developers seeking to capitalize on the robust economic activity and high population density of this thriving area. The property's size and location make it suitable for a wide range of commercial uses, presenting a compelling opportunity for long-term growth and return on investment. The address is 795 Veterans Parkway, Normal, IL 61761, McLean County.

Property profile

Verified
Property type Land
Lot 11.49 ac (500,504 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Parking Lot & Garage
  • Car Rental Facility
  • Big Box & Wholesale Store
  • Big Box & Wholesale Store Building Supply
  • Plumbing Service General Contractor

Location

795 Veterans Pkwy Normal, IL 61761
Normal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 795 Veterans Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message