For Sale
$524,900

406-408 Detroit DrBloomington, IL 61704

High-traffic location, 2.41 acres. Ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 2.41-acre commercial land parcel, located at 406-408 Detroit Drive in Bloomington, Illinois (zip code 61704), presents a unique investment opportunity. The property is zoned B-1, Highway Business, allowing for a variety of commercial uses. Its prime location on a high-traffic sub-artery provides excellent visibility and accessibility. The area is experiencing significant growth, with recent development including new housing, schools, and airport expansion. This parcel is situated minutes from major roadways including I-55, I-74, and Veterans Parkway, ensuring convenient access for customers and employees. Bloomington-Normal boasts a strong and diversified economy, anchored by major employers such as State Farm Insurance, Country Financial, Illinois State University, Rivian Automotive, and OSF Healthcare. The area also benefits from a robust higher education system, including Illinois State University, Heartland Community College, and Illinois Wesleyan University, contributing to a thriving and growing community. The city's strong economic drivers, coupled with its high ranking in national "best places to live" surveys, make this a highly desirable location for commercial development. The property's APN is 22-07-225-004, 2, and ownership is fee simple. This is an excellent opportunity to capitalize on the burgeoning growth and strong economic fundamentals of Bloomington-Normal.

Highlights

  • 2.41-acre commercial land parcel in Bloomington, IL (61704), located at 406-408 Detroit Drive.
  • B-1 Highway Business zoning allows for diverse commercial uses.
  • High-traffic location offers excellent visibility and accessibility.
  • Minutes from I-55, I-74, and Veterans Parkway.
  • APN: 22-07-225-004, 2; Fee simple ownership.

Property Details for 406-408 Detroit Dr

Property type
Land
Lot Size (sq. ft)
104,980 SF

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.4723802
Longitude
-88.9029496
406-408 Detroit Dr, Bloomington, Illinois

FAQs

What type of property is this?
Land - High-traffic location, 2.41 acres. Ideal for development.
Where is the land located?
The property is located at 406-408 Detroit Dr Bloomington, IL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 2.41-acre commercial land parcel in Bloomington, IL (61704), located at 406-408 Detroit Drive.; B-1 Highway Business zoning allows for diverse commercial uses.; High-traffic location offers excellent visibility and accessibility.
How can I contact the broker?
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406-408 Detroit Dr
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