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Retail Space with Open Layout
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337 E Winslow Road, Bloomington, IN 47401

Shared parking within Winslow Plaza serves the center’s tenants and their customers.

Property Size1,242 SF
Price / SF$16
Days on Market9

Property Features for 337 E Winslow Road

General Information

Standard status Active
Size 1,242 SF
Property subtype Commercial

Amenities

private restroom

Building Details

Year Built 1990
Listing Agency: FC Tucker/Bloomington REALTORS
Listed By: Chris Cockerham · License #RB14027897
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 2:52PM

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 FC Tucker/Bloomington REALTORS

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,242-square-foot retail space in Winslow Plaza Strip Center has an open plan and one private restroom. The layout can accommodate a range of business configurations. The building dates to 1990.

At 337 E Winslow Road in Bloomington, the space is part of a shopping center with shared parking for tenants and customers. The lease is gross, with the tenant responsible for its own utilities.

Key Highlights

  • 1,242 SF of retail space with an open floor plan
  • One private restroom
  • Shared parking for center tenants and customers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,656
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,120 $333.1K
Cap Rate 7%
$237,943 $237.9K
Cap Rate 9%
$185,067 $185.1K
Market Conditions
NOI Build-Up for 1,242 SF
Gross rent
$24.9K $20.04/SF
− Vacancy
−$1.1K −$0.88/SF
EGI
$23.8K $19.16/SF
− OpEx
−$7.1K −$5.75/SF
NOI
$16.7K $13.41/SF
Area
Monroe County, IN
Vacancy
4.40%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,120
Cap Rate 7%
$237,943
Cap Rate 9%
$185,067

Alternative Uses

Best Use
Retail
$237.9K
$208.2K – $277.6K (±1% cap)
NOI $16,656 @ 7.0% cap · market cap 83.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$242.7K
$212.4K – $283.2K (±1% cap)
NOI $16,991 @ 7.0% cap · market cap 85.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Kitchen & Bath Showroom Electrical Service HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Shared parking within Winslow Plaza serves the center’s tenants and their customers.
Where is this retail space located?
The property is located at 337 E Winslow Road Bloomington, IN.
What are key features of this property?
This property features: 1,242 SF of retail space with an open floor plan; One private restroom; Shared parking for center tenants and customers
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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