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Industrial Land with Existing Improvements

4730 W State Road 48 Rd, Bloomington, IN 47404

For Sale
$3,125,000

Light Industrial zoning with a residence and two detached accessory buildings along State Road 48.

Property SizeContact for details
Days on Market99

Property Features for 4730 W State Road 48 Rd

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: FC Tucker/Bloomington REALTORS
Listed By: Chris Cockerham · License IN RB14027897
Source: Barberryrealty
Added: Aug 8 Changed: Oct 25 Last Checked: Oct 7 at 1:09PM

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

Rey
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Investment Insights

Based on property information with market context.

This industrial land property is zoned Light Industrial and fronts State Road 48 in Bloomington, Indiana. Existing improvements include one residential home and two detached accessory buildings, providing current structures on the site while redevelopment plans are evaluated.

The property is positioned near Bloomington’s employment corridor and several industrial and technology employers, including Ivy Tech Community College, Cook Medical, Simtra BioPharma Solutions, TASUS Corporation, and Singota Solutions. The location is identified for potential industrial, warehouse, manufacturing, distribution, flex, or business park development, subject to applicable approvals.

Key Highlights

  • Light Industrial zoning
  • Located along State Road 48
  • Includes one residential home

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Hair Salon 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

165
Businesses Nearby

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Light Industrial zoning with a residence and two detached accessory buildings along State Road 48.
Where is this industrial land located?
The property is located at 4730 W State Road 48 Rd Bloomington, IN.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Light Industrial zoning; Located along State Road 48; Includes one residential home
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Includes: Price & PSF · Cap rate · Location · Zoning

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