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Veterans Pkwy & Mercer AveBloomington, IL 61701

20-acre prime retail site, Bloomington, IL.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 20-acre development site presents a unique opportunity in the thriving Bloomington, Illinois market. Located at the intersection of Veterans Parkway and Mercer Avenue, this B-1 zoned property offers unparalleled access to a robust and diverse economy. Bloomington is home to major employers such as State Farm Insurance (14,500 employees), Country Financial (2,025 employees), Illinois State University (3,940 employees), and Rivian Automotive (7,500 employees), ensuring a strong and stable consumer base. The area also benefits from a significant higher education presence, including Illinois State University (20,784 students), Heartland Community College (5,280 students), and Illinois Wesleyan University (1,649 students), contributing to a dynamic and growing population. Bloomington's recognition as a top-ranking city for livability, college towns, and start-ups further underscores its exceptional potential. The land is priced at $10-$12 per square foot, representing a compelling investment opportunity given the area's economic strength and favorable demographics. Excellent transportation infrastructure, including access to major railroad lines, Amtrak, and the Central Illinois Regional Airport, enhances the site's accessibility and logistical advantages. This property is ideally suited for a variety of retail developments, capitalizing on the area's strong economic drivers and vibrant community. The McLean County location also benefits from a highly productive agricultural sector, attracting additional businesses and contributing to the overall economic vitality of the region.

Property Details for 0 Veterans Pkwy & Mercer Ave

Property type
Land
Lot Size (sq. ft)
871,200 SF

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.477779
Longitude
-88.9892448
Veterans Pkwy & Mercer Ave, Bloomington, Illinois

FAQs

What type of property is this?
Land - 20-acre prime retail site, Bloomington, IL.
Where is the land located?
The property is located at Veterans Pkwy & Mercer Ave Bloomington, IL.
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0 Veterans Pkwy & Mercer Ave
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