380 Ac Normal Farm

Vacant Land for Sale
Catylist Listing ID: 30383810
Property Subtypes: Agricultural, Industrial
Gross Land Area: 380 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2020

Overview / Comments

Major price reduction to farmland value. Excellent development potential in Normal, IL. 380 acres in one parcel with frontage on Rt. 150 across from the Rivian Electric Truck plant (formerly Mitsubishi auto plant). Mostly class A soils with an old set of farm buildings. Zoned agriculture, excellent tenant in place.

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Additional Details

Nearest MSA: Bloomington
County: McLean
Tax ID/APN: 1326400002
Zoning: AGRICULTURE
Property Located Between: West side of Bloomington-Normal
Property Visibility: Excellent
Largest Nearby Street: IL Rt. 150 Frontage
Feet of Frontage: 2,640
Highway Access: 2.2 miles north to I-74 2.6 miles SE to I-55 at Rt. 150/Rt 9 Less than 9 miles to Central Illinois Regional Airport at Bloomington-Normal
Airports: Bloomington Airport on the East side of town.
Site Description: Level to gently rolling farmland, old set of farm buildings are still on the property.
Area Description: Excellent location for future development. The parcel has half a mile of frontage on Rt 150. The former Mitsubishi auto plant is directly across the street on the east side of Rt. 150. Rivian Automotive is the new owner of the auto plant.
Lot Frontage: 2640 feet of frontage on Rt. 150
Zoning Description: Currently zoned agriculture.
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 22,358 88,467
Median Age: 33.79 32.36
Households: 8,730 33,690
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