380 Ac Normal Farm
| Status: | Sold |
| County: | McLean |
| Township: | Dry Grove |
| Gross Land Area: | 380 total Acres |
| Hectare Conversion | |
| Property Type: | Farmland & buildings with Development Potential |
| Possible Uses: | Agricultural Production |
| Total Investment: | $9,500,000.00 |
| Monetary Conversion | |
| Unit Price: | $25,000 per Acre |
| Sold Price: | $6,840,000 |
| Productivity Index (PI): | PI Index is 132 |
| Buildings: | House, barn & tool shed |
| Zoning: | Agriculture |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
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). Amazon has already ordered 100,000 trucks that will be built at this plant. Mostly class A soils with an old set of farm buildings. Zoned agriculture, excellent tenant in place for the 2019 crop season.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 380 Acre Normal, IL Farm | |
| Tax ID Number/APN: | 13-27-200-011 13-26-400-002 13-26-300-005 13-26-400-003 |
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| Possible Uses: | Many potential uses with new auto plant (Rivian electric truck) expected to start production in 2020. Additional industrial development is possible. | |
| Zoning: | Currently zoned agriculture. | |
Area & Location |
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| School District: | McLean County Unit School District 5 | |
| Location 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. | |
| Site Description: | Level to gently rolling farmland, old set of farm buildings are still on the property. | |
| Side of Street: | West side of Rt. 150 | |
| 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 |
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| Road Type: | State route 150 is concrete. | |
| Property Visibility: | Excellent visibility with half a mile of road frontage. | |
Land Related |
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| Lot Frontage (Feet): | 2640 feet of frontage on Rt. 150 | |
| Tillable Acres: | Cropland based on the McLean County FSA office is 379.58 acres. |
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| Buildings: | Old set of farm buildings with home. | |
| Zoning Description: | Site is zoned agriculture | |
| Flood Plain or Wetlands: | None known | |
| Topography: | Flat to gently rolling. | |
| FSA Data: | Farmland total is 383.16 acres Cropland acres are 379.58 acres Corn base is 283.5 acres. PLC yield of 128 bushels per acre. Soybean base is 81.4 acres. PLC yield of 41 bushels per acre. |
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| Soil Type: | Catlin silt loam (171B2) Ipava silt loam (43A) Drummer silty clay loam (721A) |
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| Available Utilities: | All utilities are available from the city of Normal. | |
Financials |
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| Finance Data Year: | 2017 Taxes paid in 2018 | |
| Real Estate Taxes: | The taxes paid are $12,957 or $35 per acre. | |
| Investment Amount: | The investment amount for this excellent site is $25,000 per acre for a total of $9,500,000. | |
Location |
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| Address: | 419 N. Mitsubishi Mtwy. Normal, IL 61705 |
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| County: | McLean County Illinois | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.