1815 S Walnut St Bloomington, IN 47401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.