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    3201 W State Road 45 Bloomington, IN 47403

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    For Sale
    Contact for pricing

    Retail space with high visibility near major retailers and university.

    Property size:
    23,085 SF
    Lot size:
    13.81 Acres

    Property Features for 3201 W State Road 45

    General Information

    Size
    23,085 SF
    Lot size
    13.81 Acres

    Source: Goodman Real Estate Agent Alex Justice

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

    Overview

    Retail Space Near Rural King

    This retail space is located near a Rural King store, Sam’s Club, Walmart, restaurants, hotels, and other businesses. The property benefits from high visibility on State Route 45, with over 20,000 vehicles passing daily at the main entrance to Rural King and Sam’s Club. It has a dense daytime population of 50,697 employees within a 5-mile radius, and a total population of over 98,000 within the same area. Indiana University - Bloomington, with over 43,000 students and nearly 2,000 faculty members, is located less than 5 miles away. The property encompasses 23,085 square feet on a 0.5-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.57725
    Latitude
    39.144791

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility near major retailers and university.
    Where is this retail space located?
    The property is located at 3201 W State Road 45 Bloomington, IN.
    What are key features of this property?
    This property features: - Excellent visibility from Interstate 69 and State Route 45.; - Located at the main entrance to Rural King and Sam’s Club.; - High traffic count: over 20,000 vehicles daily on State Route 45.
    (216) 342-9318
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    3201 W State Road 45 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
    3201 W State Road 45 Bloomington, IN 47403
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