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    2397 S Walnut St Bloomington, IN 47401

    For Sale
    $1,395,000

    Industrial - Bloomington, IN

    Type:Industrial
    Lot size:
    1.93 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 2397 S Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    53-08-09-300-030.000-009
    Interior features
    Unfinished, Overhead Door 1, Office Space
    Exterior features
    Loading Dock 1, Loading Dock 2, Overhead Door 1, Office Space
    Lot size
    1.93 Acres

    Utilities

    Heating system
    Propane (Heating)

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    Saunders & Associates (812) 331-4174 [email protected]

    Listing agent Dave Harstad (812) 822-1122 License #RB14036381

    Listing date Sep 3, 2025

    MLS# 202534184 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 industrial property, located on the south side of Bloomington off Walnut Street and just south of Bloomington South High School, is available for sale or lease. The property is zoned for a wide variety of uses under Mixed-Use Corridor (MC) zoning. It features two van-height doors and one drive-in door. The site includes additional land suitable for expansion. The sale price is $1,395,000, and the lease rate is $9.00 per square foot NNN. The lot size is 1.93 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    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
    -86.530431
    Latitude
    39.137112

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    FAQs

    What type of property is this?
    Industrial property - Industrial property in Bloomington, Indiana, with expansion potential.
    Where is this industrial property located?
    The property is located at 2397 S Walnut St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - Wide variety of uses due to Mixed-Use Corridor (MC) zoning.; - Additional land included for expansion.; - Favorable location on the southside off Walnut Street, near Bloomington South High School.
    (812) 822-1122
    Request Owner's contact information
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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
    2397 S Walnut St Bloomington, IN 47401
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