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    5665 W State Road 46 Ellettsville, IN 47404

    For Sale
    $1,495,000

    Commercial Land - Ellettsville, IN

    Lot size:
    5.61 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 5665 W State Road 46

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    53-04-14-200-075.000-013
    Lot size
    5.61 Acres

    Building Details

    Architectural style
    Other

    FC Tucker/Bloomington REALTORS (812) 336-7300 [email protected]

    Listing agent Chris Cockerham (812) 336-7300 License #RB14027897

    Listing date Oct 15, 2025

    MLS# 202541813 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

    Ellettsville Commercial Land For Sale

    This commercial land listing features approximately 5.62 acres with redevelopment potential. Currently operating as a mobile home park, the property benefits from excellent frontage and visibility on State Road 46. Situated in a strong growth corridor, the location is surrounded by nearby residential and commercial activity. The property offers convenient access to downtown Ellettsville and Bloomington. The back portion of the property is located in a flood zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ellettsville
    County
    Monroe
    State
    Indiana
    Longitude
    -86.611829
    Latitude
    39.222466

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    FAQs

    What type of property is this?
    Land - 5.62 acres with redevelopment potential in a strong growth corridor.
    Where is this land located?
    The property is located at 5665 W State Road 46 Ellettsville, IN.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - ±5.62 acres with redevelopment potential; - Excellent frontage and visibility on State Road 46; - Strong growth corridor with nearby residential and commercial activity
    (812) 336-7300
    Request Owner's contact information
    5665 W State Road 46 Ellettsville, IN 47404
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    Ellettsville, 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
    5665 W State Road 46 Ellettsville, IN 47404
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