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Veterans Pky
Bloomington, IL 61704
3 ACRE DEVELOPMENT OPPORTUNITY · Land For Sale
·
3.00 AC
INVESTMENT HIGHLIGHTS
- Prime 3-acre development site on Veterans Parkway, Bloomington’s major retail corridor.
- Zoned B-1, allowing for a wide range of retail and commercial uses.
- Strong demographics with over 119,000 residents and average household incomes near $100,000 within five miles.
- Exceptional visibility with over 35,000 vehicles per day at a signalized intersection.
- Surrounded by national retailers and in close proximity to State Farm’s 13,000-employee campus.
- Convenient access with ample on-site parking and multiple ingress/egress points.
EXECUTIVE SUMMARY
This 3-acre development opportunity at Morrissey Crossing offers a prime retail location along Veterans Parkway, Bloomington’s dominant retail corridor. Positioned at a signalized intersection with over 35,000 vehicles per day at Veterans Parkway and Morrissey Drive, the site provides exceptional visibility and accessibility for future development. Zoned B-1, the property accommodates a wide range of retail and commercial uses, making it an ideal investment for developers and retailers seeking a high-traffic, growth-oriented market.
The surrounding trade area is anchored by national brands including Toyota, CVS, Starbucks, Aldi, Panera Bread, and McAlister’s Deli, ensuring strong consumer draw. The site benefits from close proximity to State Farm’s corporate headquarters and operations center, employing approximately 13,000 people, which drives consistent daytime population and retail demand. With Bloomington’s robust demographics—over 119,000 residents within five miles and average household incomes approaching $100,000—the property offers long-term value and strong market fundamentals for investors.
The surrounding trade area is anchored by national brands including Toyota, CVS, Starbucks, Aldi, Panera Bread, and McAlister’s Deli, ensuring strong consumer draw. The site benefits from close proximity to State Farm’s corporate headquarters and operations center, employing approximately 13,000 people, which drives consistent daytime population and retail demand. With Bloomington’s robust demographics—over 119,000 residents within five miles and average household incomes approaching $100,000—the property offers long-term value and strong market fundamentals for investors.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land | ||
| Zoning | B-1 - Commercial | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.00 AC |
| Zoning | B-1 - Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 3.00 AC |
| Lot Size | 3.00 AC |
3 Acre Redevelopment Site
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $870,869 CAD | |
| Land Assessment | $486,878 CAD | Total Assessment | $1,357,747 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$486,878 CAD
Improvements Assessment
$870,869 CAD
Total Assessment
$1,357,747 CAD
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