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    1499 Bloomfield Rd Bloomington, IN 47403

    For Sale
    $2,990,000

    Modern Office & Warehouse Space, Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property at 1499 W Bloomfield Road, Bloomington, IN, offers a unique blend of modern office space and ample warehouse facilities. The main building boasts approximately 7,000 square feet of climate-controlled warehouse space, featuring a semi-truck dock door, two service doors, steel construction without interior beams, and impressive 18-20 foot ceilings. Adjacent to the main building is a second, separate warehouse totaling 3,120 square feet, equipped with a service door and heating. The office area comprises seventeen individual suites, two kitchens, and three bathrooms, all enhanced by attractive wood floors and abundant natural light from large windows in every office. Two spacious conference rooms provide ideal settings for meetings and presentations. The property includes a substantial 61 kWp net-metered solar array, significantly reducing energy costs, and is protected by a durable metal roof. Ample parking is available, accommodating approximately forty vehicles, with convenient semi-truck access for easy loading and unloading. The location is highly desirable, offering proximity to Interstate 69, the city of Bloomington, and Indiana University. The asking price is $2,990,000, and the property sits on a 1.18-acre lot.

    Property Features for 1499 Bloomfield Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    51,401 SF

    Building Details

    Year Built
    1993
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.55739
    Latitude
    39.15754

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    FAQs

    What type of property is this?
    Commercial real estate - Modern Office & Warehouse Space, Excellent Location
    Where is this commercial real estate located?
    The property is located at 1499 Bloomfield Rd Bloomington, IN.
    What is the asking price?
    The asking price for this property is $2,990,000.
    (812) 360-2288
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    1499 Bloomfield Rd Bloomington, IN 47403
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    Bloomington, IN 47403
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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
    1499 Bloomfield Rd Bloomington, IN 47403
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