2416 Maloney DrBloomington, IL 61704

  • Commercial land
  • 0.31 AC
For Sale

Property Details for 2416 Maloney Dr

Lot size
0.31 AC
Property type
Commercial land
APN
21-02-253-020
APU
2102253020

Description

This exceptional 0.32-acre commercial lot, located at 2416 Maloney Drive in Bloomington, Illinois, presents a unique opportunity for development. Situated near the Veterans/Washington Street corridor, this vacant land offers high visibility and convenient access. The property boasts a generous 3,000 square feet of buildable space, perfect for an executive office building or similar commercial venture. Plans allow for the construction of a building with ample parking, accommodating 14 vehicles. The site is currently vacant, providing flexibility for a custom design to meet specific business needs. This is an ideal location for businesses seeking a prominent presence in a thriving area of Bloomington. The property's zoning allows for office use, making it a straightforward and attractive option for developers or businesses looking to build their own space. The address is 2416 Maloney Drive, Bloomington, IL 61704. The property's convenient location and ample buildable space make it a highly desirable investment opportunity. This is a rare chance to acquire a prime commercial lot in a sought-after area of Bloomington. The site is ready for immediate development, offering a streamlined path to occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,790,924
    Hospitality
    $2,556,472
    Educational
    $2,126,954
    Medical
    $2,200,104
    Retail
    $3,308,596
2416 Maloney Dr, Bloomington, Illinois

Location Insight

City
Bloomington
County
Mclean
State
Illinois
Latitude
40.4814
Longitude
-88.9485
CBSA code
14010
CBSA name
BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,215
$26,500
-
$26,500
-
$79,500
-
$79,500

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