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    4235 W State Road 46 Bloomington, IN 47404

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    For Sale
    $775,000

    Commercial/Retail building on 1.27 acres with high visibility.

    Property size:
    3,000 SF
    Lot size:
    1.27 Acres

    Property Features for 4235 W State Road 46

    General Information

    Size
    3,000 SF
    Lot size
    1.27 Acres

    Source: Dan Rarey Real Estate Agent Dan Rarey

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

    Overview

    Retail Building on State Road

    This commercial/retail building is situated on 1.27 acres along West State Road 46. The property features nearly 3,000 square feet of space, primarily open, with two separate offices. Zoned C-3 in Ellettsville, the property accommodates most commercial or retail uses. The interior space is easily reconfigurable to suit specific requirements. The property includes ample paved parking and significant road frontage, offering excellent visibility. This commercial property is located on a busy and highly visible section of the Highway 46 corridor between Ellettsville and Bloomington.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel 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
    -86.589816
    Latitude
    39.212355

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    FAQs

    What type of property is this?
    Retail space - Commercial/Retail building on 1.27 acres with high visibility.
    Where is this retail space located?
    The property is located at 4235 W State Road 46 Bloomington, IN.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Excellent visibility on the busiest section of Highway 46.; - 1.27 acres with lots of paved parking and road frontage.; - Ellettsville C-3 zoning allows for most commercial or retail usage.
    (812) 334-1252
    Request Owner's contact information
    4235 W State Road 46 Bloomington, IN 47404
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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
    4235 W State Road 46 Bloomington, IN 47404
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