Technical
Financial
Distress signals
Property profile

1815 S Walnut St Bloomington, IN 47404

FOR SALE
Office Spaces
Property ID
US31-1257978
3,480 SF 0.38 ac lot Built 1984
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 1815 S Walnut St, Bloomington, IN 47401, presents a unique investment opportunity. Built in 1995, the property boasts a substantial 3,480 square feet of traditional office space, ideal for a variety of businesses. The building sits on a generous 16,379 square foot lot, providing ample space and potential for future expansion or outdoor amenities. The property's traditional office layout offers a classic and functional workspace, perfect for companies seeking a well-established and comfortable environment. Its location in Bloomington, Indiana, provides easy access to local amenities, transportation routes, and a thriving business community. The single-tenant occupancy simplifies management and provides a stable income stream. This property is an excellent choice for owner-occupiers or investors seeking a strong, established asset in a desirable location. The building's age suggests potential for future upgrades and renovations to further enhance its value and appeal. The property's size and layout offer flexibility for various business needs, making it a versatile and attractive option in the Bloomington commercial real estate market. Detailed property information and specifications are available upon request. This is a prime opportunity to acquire a well-situated and functional office building in a growing Indiana city.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1984
Construction WOOD
Total area 3,480 SF
Lot 0.38 ac (16,379 SF)
APN 53-08-09-200-006.000-009
UPID US31-1257978

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1815 S Walnut St Bloomington, IN 47404
Bloomington metro Census 1101 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2022
Last sale
$388,000
3 recorded transactions
2022
$388,000
2015
$325,000
2008
$260,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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