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

5120 S Commercial Street, Bloomington, IN 47403

COMMERCIAL FOR LEASE, Bloomington, IN

Space Size7,000 SF
Lot Size1.19 Acres
Days on Market163

Property Features for 5120 S Commercial Street

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Robinson Industrial Complex
Lot features Industrial Park
Directions GPS friendly
Standard status Active
APN 53-08-29-202-022.000-008
Lot size 1.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 014-01915-18 Robinson Industrial Park Ph 1 Amendment 2 Lot 18
Tax Annual Amount 7990
Legal Description 014-01915-18 Robinson Industrial Park Ph 1 Amendment 2 Lot 18

Utilities

Cooling system Central Air

Building Details

Year built 2020
Flooring type Concrete
Roof type Metal
Listing Agency: Partners Realty Group
Listed By: Kelly Jones · License #RB14051152
Added: Mar 14 Changed: Aug 20 Last Checked: Aug 23 at 12:06AM
MLS# 202608470

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space building provides nearly 7,000 SF within a 2020-built industrial property. The interior has concrete flooring, one restroom, two framed office areas, and a specialty room. Three 16-foot automatic overhead doors support vehicle, equipment, delivery, and storage access, while the space is offered as-is for tenant customization. Central Air, a metal roof, and a paved parking lot with approximately 40+ spaces are included.

The property is in Robinson Industrial Park, just off Highway 37 on Bloomington’s southside. It is zoned Light Industrial and is available for a 5-year lease term.

Key Highlights

  • Nearly 7,000 SF of flex space in a 2020‑built property
  • Three 16‑foot automatic overhead doors
  • Paved parking lot with approximately 40+ parking spaces

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

$11.25 /SF/Yr
Avg Asking Price
$10–$15.23 /SF/Yr
Price Range
4,064 SF
Avg Space Size

This space is priced 2% below the average of $11.25 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Light Industrial-zoned space with offices, a specialty room, concrete flooring, and flexible access for business operations.
Where is this flex space located?
The property is located at 5120 S Commercial Street Bloomington, IN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Nearly 7,000 SF of flex space in a 2020‑built property; Three 16‑foot automatic overhead doors; Paved parking lot with approximately 40+ parking spaces
More about this property
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