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    5225 W State Road 46 Bloomington, IN 47401

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    For Lease
    $14 SF/Yr ($2,097 /Mo)

    Retail suites available for lease with frontage on SR 46.

    Property size:
    1,798 SF
    Lot size:
    1.93 Acres

    Property Features for 5225 W State Road 46

    General Information

    Size
    1,798 SF
    Lot size
    1.93 Acres

    Source: Cushman & Wakefield | Indianapolis Agent Carmen Thompson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on State Road

    Two retail suites are available for lease. One is a 1,760-square-foot inline suite in white-box condition, available starting July 1, 2024. The other is a 1,798-square-foot endcap in shell condition, ready for tenant build out. The property has frontage on State Road 46, which has a traffic volume of 36,000 vehicles per day. Pylon panel signage is available. The property is surrounded by new construction.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Clothing Store Hotel & Motel Auto Parts Store Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.45943
    Latitude
    39.167393

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    FAQs

    What type of property is this?
    Retail space - Retail suites available for lease with frontage on SR 46.
    Where is this retail space located?
    The property is located at 5225 W State Road 46 Bloomington, IN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime frontage to SR 46, with 36,000 VPD; - 1,760 SF inline suite in white-box condition, available July 1, 2024; - 1,798 SF endcap in shell condition, ready for tenant build out
    (317) 352-5430
    Request Owner's contact information
    5225 W State Road 46 Bloomington, IN 47401
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    Bloomington, IN 47401
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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
    5225 W State Road 46 Bloomington, IN 47401
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