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    308 Center St Bloomington, IL 61701

    • Office Properties & Spaces
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 308 Center St

    Property type
    Office Properties & Spaces

    Description

    This exceptional 2,800 square foot Class B office suite is ideally located in downtown Bloomington, Illinois (61701), at 308 N. Center St. (APN 21-04-327-003). The single-tenant space boasts impressive 16-foot ceilings and original terrazzo flooring, creating a unique and sophisticated atmosphere. Abundant natural light floods the space, enhancing its appeal. The layout includes four private offices, a dedicated conference room, a convenient kitchenette, and ample space for cubicles or open team work areas. Multiple storage areas are available, including a basement storage space. Private restrooms are also included within the suite. Utilities are a convenient inclusion in the lease rate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Mclean
    State
    Illinois
    Longitude
    -88.9947
    Latitude
    40.4807

    Comparable in this City

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      6,963 SF

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      2302 Oakland Ave

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      1316 Empire St

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      306 Main St

      Office Properties & Spaces
      306 Main St, Bloomington, IL 61701
      View Details
    • Value Estimation by Request
      99,000 SF

      207 Jefferson St

      Office space • 99,000 SF
      207 Jefferson St, Bloomington, IL 61701
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    • Value Estimation by Request
      9,155 SF

      305 Main St

      Retail properties • 9,155 SF
      305 Main St, Bloomington, IL 61701
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    308 Center St
    Bloomington, IL 61701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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