Zoned Residential Development
For Sale
$799,900
4040 South Old State Road 37, Bloomington, IN 47401
High-visibility lot near a major retail entrance with sewer available and an easement providing access via a west drive.
Property Size111,514 SF
Price / SF$7.17
Days on Market800
Property Features for 4040 South Old State Road 37
General Information
Standard status
Active
Size
111,514 SF
Property subtype
Lots & Lands / Commercial Land
Zoning
RM-15
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,940
Amenities
Yes
No
Paved
Listing Agency:
Quality Realty & Development
(812) 360-6880
Listed By:
Jill Smith · License #RB14024746
Source:
Compass
Added: Jun 15, 2024
Changed: Aug 8
Last Checked: Mar 25 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Quality Realty & Development
Investment Insights
Based on property information with market context.
This listing includes two parcels: 4040 S Old State Road 37 and 211 W Gordon Pike. The site is currently zoned RM-15 and has an easement to access the drive to the west used by an adjacent dental office and leather manufacturer to enter and exit onto Gordon Pike. Sewer is available for the property.
The lot is described as having high visibility and is directly across from Southside Kroger’s south entrance. The neighboring parcel to the north has been recently rezoned to General Business, which may be relevant for surrounding commercial redevelopment conditions.
Overall, this is a sizeable, high-visibility land offering with utility availability and defined access via the stated easement, positioned at a prominent retail frontage.
The lot is described as having high visibility and is directly across from Southside Kroger’s south entrance. The neighboring parcel to the north has been recently rezoned to General Business, which may be relevant for surrounding commercial redevelopment conditions.
Overall, this is a sizeable, high-visibility land offering with utility availability and defined access via the stated easement, positioned at a prominent retail frontage.
Key Highlights
- High‑visibility lot directly across from Southside Kroger’s south entrance
- Zoned RM‑15; neighboring parcel to the north was recently rezoned to General Business
- Includes an easement to access the west drive used by the dental office and leather manufacturer for entry/exit onto Gordon Pike
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Explore this area
Business Placement
Demographics for 47401, IN
41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - High-visibility lot near a major retail entrance with sewer available and an easement providing access via a west drive.
Where is this residential land & home lot located?
The property is located at 4040 South Old State Road 37 Bloomington, IN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: High‑visibility lot directly across from Southside Kroger’s south entrance; Zoned RM‑15; neighboring parcel to the north was recently rezoned to General Business; Includes an easement to access the west drive used by the dental office and leather manufacturer for entry/exit onto Gordon Pike
