3311 Ireland Grove rd - Agricultural LAND FOR SALE
Bloomington, IL 61704 | 5,330,873 SF
$4,550,460 USD
309-665-0961
3311 Ireland Grove rd
Bloomington, IL 61704
HIGHLIGHTS
- Corridor traffic into Bloomington's southeast side. Ireland Grove Road leads to State Farm Corp. South complex & IL Regional Bldg.
- 1 mile west of new substation being built by Ameren for 345KV line being installed across MISO. Large line dissecting property leads there.
- Near residential subdivisions to north and west. Cell Tower in southeast corner provides additional income.
- Highly productive farmland provides rental income and keeps real estate taxes low until development.
- Open somewhat level farmland should be easy to convert to a different use if desired.
- Rail line runs along south side.
OVERVIEW
There is road access from Ireland Grove Road, Abraham Road, and Hamilton Road. There is rail access from the Norfolk Southern Railroad along the south edge of the property. The farm possesses a cell tower lease providing an additional income stream. It is currently zoned agricultural and leased on an annual cash rent lease to preserve lower real estate tax assessments. The cropland is leased for 2024 to a local farmer at market rates.
FOR SALE DETAILS
PRICE
$4,550,460 USD
PRICE/ACRE
$37,183/AC
PRICE/SF
$0.85 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Ireland Grove Road Farm
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Agricultural
LAND PROPOSED USE
Commercial, Multi-Family, Agricultural
LAND ACRES
122.38 AC
LAND SF
5,330,873 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets
ZONING
-
APN/PARCEL ID
21-13-200-009,21-13-200-013
ASK ABOUT THIS PROPERTY
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309-665-0961
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309-665-0961
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