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Flex Space with Overhead Doors
For Lease
$11 SF/Yr

5120 S Commercial St, Bloomington, IN 47403

Light Industrial-zoned space with adaptable offices, specialty room, and access for warehouse or service operations.

Space SizeContact for details
Days on Market24

Property Features for 5120 S Commercial St

General Information

Standard status Active
Zoning Light Industrial

Additional Details

Available From 2026-05-01
Lease Term 60 months
Highway Access Yes
Drive-In Doors 3

Building Details

Year Built 2020
Listing Agency: Partners Realty Group
Listed By: Kelly Jones · License #RB14051152
Source: Kmsrealestategroup
Added: Aug 7 Changed: Aug 29 Last Checked: Aug 25 at 4:58AM

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 Partners Realty Group

Investment Insights

Based on property information with market context.

This 2020-built flex space provides a practical setting for light industrial, warehouse, or service-oriented operations. The interior has a concrete floor, one restroom, two framed office areas, and a specialty room that can support varied workflows. Three automatic overhead doors measuring 16 feet provide access for equipment, vehicles, deliveries, and storage. The premises are offered as-is for tenant customization.

The property is in Robinson Industrial Park on Bloomington’s southside, just off Highway 37. A paved parking lot offers approximately 40+ parking spaces. The space is zoned Light Industrial, available May 1, 2026, and offered with a 5-year lease term.

Key Highlights

  • Flex space in a 2020‑built facility
  • Three 16‑foot automatic overhead doors
  • Approximately 40+ parking spaces in a paved lot

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant Auto Parts Store Electrical Service Law Firm

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

Lease Details

3
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47403, IN

33,066
Population
16,271
Households
2
Avg Household Size
35
Median Age
39%
College-Educated
93%
High-School Grad
85.0 sq mi
ZIP Area
389
Density / Sq Mi
$68,703
Median Household Income
$40,391
Median Earnings
$1,114
Median Rent
$222,000
Median Home Value

Market

Lease Benchmarks for Bloomington, IN

$11.56 /SF/Yr
Avg Asking Price
$10–$15.23 /SF/Yr
Price Range
3,619 SF
Avg Space Size

This space is priced 5% below the average of $11.56 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Flex space - Light Industrial-zoned space with adaptable offices, specialty room, and access for warehouse or service operations.
Where is this flex space located?
The property is located at 5120 S Commercial St Bloomington, IN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Flex space in a 2020‑built facility; Three 16‑foot automatic overhead doors; Approximately 40+ parking spaces in a paved lot
More about this property
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