Property profile

10243 1400 North Rd Bloomington, IL 61705

OFF-MARKET
Industrial properties
14,284 SF 2.75 ac lot Built 2009
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Property summary

AI-generated overview

This exceptional 14,284-square-foot industrial flex space in Bloomington, IL, offers seven individual suites within a five-building complex on 2.75 acres. Built in 2009, the property boasts an M1 zoning designation and features overhead doors and dock access, ideal for various industrial and flex uses. The location is strategically positioned near a major interstate interchange (I-74/55), providing easy access to a robust transportation network. The immediate vicinity includes numerous hotels (827 rooms total), two large truck stops (TA and Pilot), and a wide array of retail amenities such as Walmart, Aldi, and various national restaurant chains. This prime location also benefits from proximity to significant industrial employers, including Rivian Automotive, Starnet Digital Publishing, Motion Industries, Franmar Chemical, and Bobcat of Bloomington, ensuring a strong workforce pool and potential for significant growth. The property's address is 10243 E 1400 North Rd, Suite 4, Bloomington, IL 61705, with the APN 20-02-126-001. This presents a unique opportunity for investors and businesses seeking a well-located, versatile industrial space in a thriving commercial area.

Property profile

Verified
Property type Industrial properties
Year built 2009
Total area 14,284 SF
Lot 2.75 ac (119,790 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
  • Auto Repair Shop
  • Industrial Manufacturer
  • Auto Repair Shop
  • (Bike/Boat/Book/etc) Store Printing Service

Location

10243 1400 North Rd Bloomington, IL 61705
Bloomington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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