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131 Williamsburg Dr Bloomington, IL 61704-3528

OFF-MARKET Commercial real estate Google Maps
5,379 SF 0.4 ac lot Built 2004
Individually Owned ~ Est. High Equity
Estimated value (blended)
$385k
Range $347k – $424k (±10%)
Property ID US28-1295270

Property summary

AI-generated overview

This exceptional 5,379 square foot Class A office condo is available for sale or lease, located at 131 N Williamsburg Dr, Bloomington, IL 61704. Situated in a prime Eastside location, this single-unit, one-story building, constructed in 2004, boasts a desirable C1 zoning. Previously occupied by a tech company, the space features a well-designed layout including private offices, collaborative areas, and conference space. The unit is currently vacant, with an occupancy date of April 1, 2024, offering immediate possession for a new owner or tenant. The asking price is $729,900, translating to $135.69 per square foot. This NNN lease opportunity is perfect for businesses seeking a move-in ready space in a thriving central business district. Bloomington-Normal offers a strong economy driven by major employers like State Farm, Country Financial, Illinois State University, and Rivian Automotive, along with a robust higher education system and a highly ranked quality of life. The property's location provides easy access to major transportation routes, including railroads and the Central Illinois Regional Airport. This is a rare opportunity to acquire a high-quality office space in a desirable and growing market. The space is nicely finished and ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Construction FRAME
Total area 5,379 SF
Lot 0.4 ac (17,282 SF)
APN 21-02-281-010
UPID US28-1295270

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$534k
Blend (final) Blend
$385k

Owner & transaction history

since 2025
1 recorded transaction
2025
$665,000

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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