Commercial Land Parcel with High
For Sale
$799,900
4040 S Old State Road 37, Bloomington, IN 47401
LOTS AND LAND, Bloomington, IN
Property SizeContact for details
Lot Size2.56 Acres
Days on Market493
Property Features for 4040 S Old State Road 37
General Information
Property type
Land
Property subtype
Other
Lot features
Irregular, Partially Wooded, Slope
Elementary school
Clear Creek
Middle school
Batchelor
High school
Bloomington South
Elementary school district
Monroe County Community School C
Middle school district
Monroe County Community School C
High school district
Monroe County Community School C
Directions
Just south of intersection of Walnut Street and Gordon Pike/Rhorer Road. Across street from Kroger South.
Subdivision
Monroe County
Standard status
Active
APN
53-08-21-200-061.000-008
Lot size
2.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
014-30420-00 PT W1/2 NW 21-8-1W 1.00A; PLAT 167 014-25335-03 SOUTHCREST LOT 3
Tax Annual Amount
3940
Legal Description
014-30420-00 PT W1/2 NW 21-8-1W 1.00A; PLAT 167 014-25335-03 SOUTHCREST LOT 3
Listing Agency:
Quality Realty & Development
(812) 360-6880
Listed By:
Jill Smith · License #RB14024746
(812) 360-6880
Added: Apr 18, 2025
Changed: Aug 20
Last Checked: Aug 23 at 10:06AM
MLS# 202513414
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This offering consists of a land parcel zoned RM-15. Public remarks note great potential for possible business use or multi-family housing, and that sewer is available. The property also includes an easement that supports access to a west drive used by a dental office and a leather manufacturer to enter and exit onto Gordon Pike.
The parcel is identified as 4040 S Old State Road 37 in Bloomington, IN 47401. The site is described as having high visibility and being directly across from the south entrance of Southside Kroger. Public remarks also state that the neighboring parcel to the north was recently rezoned to General Business.
Two parcels are referenced in the remarks: 4040 S Old SR 37 and 211 W Gordon Pike.
The parcel is identified as 4040 S Old State Road 37 in Bloomington, IN 47401. The site is described as having high visibility and being directly across from the south entrance of Southside Kroger. Public remarks also state that the neighboring parcel to the north was recently rezoned to General Business.
Two parcels are referenced in the remarks: 4040 S Old SR 37 and 211 W Gordon Pike.
Key Highlights
- Zoned RM‑15; neighboring parcel to the north was recently rezoned to General Business
- Two parcels included: 4040 S Old SR 37 and 211 W Gordon Pike
- Directly across from Southside Kroger’s south entrance
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Explore this area
Business Placement
Demographics for 47401, IN
41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Zoned RM-15 with sewer available, plus an easement for access to a west drive off Gordon Pike.
Where is this commercial land located?
The property is located at 4040 S Old State Road 37 Bloomington, IN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Zoned RM‑15; neighboring parcel to the north was recently rezoned to General Business; Two parcels included: 4040 S Old SR 37 and 211 W Gordon Pike; Directly across from Southside Kroger’s south entrance
