2001 Shepard RdNormal, IL 61761

Property Details for 2001 Shepard Rd

Year built

2005

Lot size

1.19 AC

Property size (Sq ft)

3,566 SF

Zone code

B-1

Property type

Commercial real estate

APN

14-23-403-005

APU

1423403005

Description

This exceptional 3,475 square foot free-standing retail building presents a unique investment opportunity in Bloomington-Normal, Illinois. Situated on a 1.19-acre lot, the property boasts excellent visibility and accessibility, enjoying direct frontage on Veteran's Parkway, a major thoroughfare with over 37,000 vehicles passing daily. Its strategic location places it directly across the street from a Home Depot and a Sam's Club outlot, ensuring high foot traffic and brand recognition. The building's single-tenant occupancy offers flexibility and ease of management. Bloomington-Normal's robust economy is further bolstered by the presence of major employers such as State Farm (14,731 employees), Rivian (~8,000 employees), and Illinois State University (21,309 students), creating a strong and diverse consumer base. This property is ideally suited for a variety of retail uses and represents a compelling opportunity to establish a thriving business in a high-growth market. The ample land provides potential for future expansion or development. This is a rare chance to acquire a well-positioned retail space in a thriving community. The property is ready for immediate occupancy.

• Alternative Use

  Use

  Valuation

  Residential

  $736,999

  Hospitality

  $675,087

  Educational

  $561,665

  Medical

  $580,981

  Retail

  $873,701

Location Insight

City

Normal

County

Mclean

State

Illinois

Latitude

40.5241

Longitude

-88.9515

CBSA code

14010

CBSA name

BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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