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    5999 Rogers St Bloomington, IN 47403

    For Sale
    $399,900

    Two Buildings, 1.15 Acres, Great Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property, located at 5999 S Rogers Street in Bloomington, Indiana, presents a compelling investment opportunity. The property encompasses a generous 1.15 acres and features two distinct commercial buildings, offering significant versatility for a range of business ventures. The main building is equipped with three large overhead doors, ideal for loading and unloading, and includes a functional office space, providing both storage and administrative areas. This building's design is well-suited for businesses requiring ample space and convenient access for vehicles or equipment. The second building, measuring 32 feet by 12 feet, boasts a durable concrete floor and a convenient overhead door, adding further flexibility to the property's usage. This secondary structure could serve as a workshop, storage facility, or a separate workspace, depending on the buyer's needs. The entire property is securely enclosed by a chain-link fence, ensuring privacy and security. The asking price for this prime commercial real estate is $399,900. This property's combination of size, building features, and location in Bloomington makes it an attractive option for investors seeking a strong return on their investment. The property's versatility allows for a wide range of potential uses, making it an ideal choice for entrepreneurs and businesses looking to establish a strong presence in the Bloomington market. Serious inquiries are encouraged.

    Property Features for 5999 Rogers St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    50,094 SF

    Building Details

    Year Built
    1990
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.53765
    Latitude
    39.09993

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    FAQs

    What type of property is this?
    Commercial real estate - Two Buildings, 1.15 Acres, Great Potential
    Where is this commercial real estate located?
    The property is located at 5999 Rogers St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $399,900.
    (812) 340-0944
    Request Owner's contact information
    5999 Rogers St 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
    5999 Rogers St Bloomington, IN 47403
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