Bloomington, IN Commercial Land for Sale

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Updated: Jan 29

Commercial Development Land with Dual Frontage

4833 W Arlington Road, Bloomington, IN 47404

$1,700,000

8.58 AC lot

8.58‑acre parcel commercially zoned for a range of commercial uses
Dual road frontage on Highway 45/46 Bypass and Arlington Road
Vacant home on‑site will require demolition or could be refurbished for a model home/sales office
Home built in 1930 with shingle roof; unfinished flooring noted
Basement included in the existing home

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Updated: Jun 25

Mixed-Use Employment Land Parcel

109 S Westplex Avenue, Bloomington, IN 47404

$129,900

0.65 AC lot

0.65‑acre land parcel zoned for Mixed Use Employment (ME)
ME zoning may allow medium‑scale multifamily residential and office‑related uses
Public sewer available

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Mixed-Use Redevelopment Land Site

600 & 616 S Walnut Street, Bloomington, IN 47401

$1,299,000

0.53 AC lot

Over half-acre mixed-use downtown land offered for redevelopment, sold as-is.

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High-Traffic Building Site Available

2900-block South Walnut Street, Bloomington, IN 47401

$695,000

194,713 sqft 4.00 AC lot

4-acre building site with infrastructure in place, ready for development.

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Commercial Land Ready for Building

4125 W State Road 46, Bloomington, IN 47404

$899,900

1.22 AC lot

Clear, build-ready commercial lot with utilities available and visibility along State Road 46.

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Ready-to-Build Commercial Lot

3655 W State Road 46, Bloomington, IN 47404

$899,900

0.84 AC lot

Clear commercial lot with utilities available and strong visibility for businesses seeking a straightforward development site.

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Bloomington Land For Sale

Reeves Road, Bloomington, IN 47404

$2,239,900

1.00 AC lot

40 acre commercial land with high visibility near utilities.

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Development Opportunity Near Downtown

1006 South Walnut Street, Bloomington, IN 47401

$550,000

27,878 sqft 0.64 AC lot

Corner lot zoned for mixed-use development near downtown.

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Mixed-Use Development Land

1006 S Walnut Street, Bloomington, IN 47401

$550,000

0.64 AC lot

Corner lot zoned Mixed Use Corridor, positioned for downtown-proximate development in Monroe County.

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Mixed-Use Corridor Development Land

2900 Block S Walnut Street, Bloomington, IN 47401

$595,000

4.47 AC lot

Development-ready land with utilities, stormwater detention, and an entrance road on a mixed-use corridor parcel.

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High-Traffic Building Site Available

2900-2999 S Walnut St, Bloomington, IN

$695,000

4.04 AC lot

4-acre building site with infrastructure and utilities in place.

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Bloomington Commercial Land For Sale

72 N Oard Road, Bloomington, IN 47404

$350,000

1.57 AC lot

1.57 acre commercial land parcel in Bloomington, Indiana.

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Commercial Land with State Road Frontage

4295 W State Road 46, Bloomington, IN 47404

$799,900

4.29 AC lot

Zoned Commercial C-2 and offers substantial State Road 46 frontage for retail, restaurant, or multifamily development.

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Downtown Land Parcel For Sale

542 S Walnut St, Bloomington, IN 47403

$1,200,000

0.67 AC lot

Prime downtown land parcel suitable for multi-family or commercial development.

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Rezoned PUD Development Land

1444 S Liberty Drive lot: 14, Bloomington, IN 47403

$760,000

3.80 AC lot

Development-ready land with strong signage visibility and an amended PUD allowing a broad range of commercial uses.

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Commercial Development Land Site

3480 W Runkle Way, Bloomington, IN 47404

$595,000

2.39 AC lot

Commercial land parcel on the west side with convenient access to major state roads and I-69.

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Commercial Land For Sale

1805 N Stonelake Drive, Bloomington, IN 47404

$165,000

0.50 AC lot

Half acre commercial land with city utilities available.

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Zoned Residential Land with High Visibility

4040 S Old State Road 37, Bloomington, IN 47401

$799,900

2.56 AC lot

Nearly 2.6-acre parcel with RM-15 zoning, sewer availability, and prominent visibility across from a major grocery entrance.

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Commercial Parcel on Finance Road

3389 N Finance Rd, Bloomington, IN 47404

$299,000

Commercial land with road frontage in a growing corridor.

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Vacant Lot Near Downtown

1020 W Allen Street, Bloomington, IN 47403

$1,475,000

4.53 AC lot

Commercial land with concrete pad near Downtown Bloomington.

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Downtown Land Near Indiana University

424 S Walnut Street, Bloomington, IN 47401

$899,900

0.27 AC lot

Commercial land in downtown Bloomington, near Indiana University and Convention Center.

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MC Zoned Vacant Development Land

1906 W 3rd Street, Bloomington, IN 47403

$275,000

0.98 AC lot

Vacant .98-acre lot with MC zoning permitting retail, including drive-thru restaurant and office uses.

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Bloomington Commercial Land Opportunity

S Rockport Road, Bloomington, IN 47403

$285,000

6.34 AC lot

6.34 acres of commercial land zoned for various uses.

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Mixed-Use Downtown Development Land

542 S Walnut Street, Bloomington, IN 47401

$1,200,000

0.66 AC lot

Downtown parcel with frontage on Walnut and College Avenue, zoned Mixed Use Downtown for multifamily and commercial uses.

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Bloomington, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Bloomington, IN, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 222,591 square feet of properties for sale, with an estimated market value of $1,245,000.

Sale prices for commercial lots in Bloomington, IN start at $550,000, averaging $622,500, and reaching up to $695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 129K

Population Growth (5Y) +5.6%

Median Household Income $60,732

College Educated 52.2%

High-Yield Neighborhoods for Investment

Identify Bloomington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47401	$696.7K
47404	$849.4K
47403	$962.7K

Taxes & Financing

Tax Rate (average for all types) 1.09%

Property Tax per SF $17.52 per SF

Tax Rate vs County Average 0.08 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 1 to 5 acres range.

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