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    125 S Westplex Ave Bloomington, IN 47404

    For Sale
    $725,000

    Industrial - Bloomington, IN

    Type:Industrial
    Lot size:
    0.51 Acres
    Days on Market:
    142
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 125 S Westplex Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    APN
    53-05-32-310-011.000-005
    Parking
    16
    Parking features
    Garage, Paved or Surfaced
    Interior features
    Drywall, Three Phase, Overhead Door 1, Overhead Door 2
    Exterior features
    Three Phase, Overhead Door 1, Overhead Door 2
    Lot size
    0.51 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Floors in Building
    2
    Flooring type
    Carpet, Concrete, Wood
    Roof type
    Asphalt
    Architectural style
    Other

    RE/MAX REALTY PROFESSIONALS (BLOOMINGTON) (812) 323-1231 [email protected]

    Listing agent Jim Regester (812) 323-1231 License #RB14012351

    Listing date Jul 17, 2025

    MLS# 202504964 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bloomington Industrial Property For Sale

    This 8,500 square foot industrial property is zoned for light industrial use. It features a 6,000 square foot production/shop area along with approximately 2,500 square feet of office space. The property is located on the near westside of Bloomington, 1.5 miles from I-69 and 1 mile from Downtown Bloomington. The property is currently leased to a long-term tenant until June 25th, 2027, with no options to renew. The yearly rent is $6 per square foot, or $4,250 monthly, plus taxes, insurance, and CAMS, which is over a 7% cap rate. The lot size is 0.51 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.554272
    Latitude
    39.166231

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    FAQs

    What type of property is this?
    Industrial property - 8500 SF industrial property near I-69 and Downtown Bloomington.
    Where is this industrial property located?
    The property is located at 125 S Westplex Ave Bloomington, IN.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Long-term lease in place until June 2027, providing immediate income.; - Enjoy over a 7% cap rate based on current lease terms.; - 8500 sq.ft. total space, including 6000 sq.ft. production/shop area and 2500 sq.ft. office space.
    (812) 323-1231
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    125 S Westplex Ave Bloomington, IN 47404
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    Bloomington, IN 47404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 S Westplex Ave Bloomington, IN 47404
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