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Light Industrial Land Parcels
For Sale
$495,000

5156-5174 West Vernal Pike, Bloomington, IN 47404

Two light industrial parcels total 4.66 acres and are being offered together, with an attached plat for layout.

Property Size202,990 SF
Lot Size4.66 Acres
Price / SF$2.44
Days on Market37

Property Features for 5156-5174 West Vernal Pike

General Information

Standard status Active
Size 202,990 SF
Lot size 4.66 Acres
Property subtype Lots & Lands / Commercial Land
Zoning Light Industrial
Listing Agency: Realty Professionals
Listed By: Jim Regester · License #RB14012351
Source: Compass
Added: Jun 25 Changed: Jul 22 Last Checked: Jul 30 at 1:06PM

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 Realty Professionals

Investment Insights

Based on property information with market context.

Two parcels zoned Light Industrial totaling 4.66 acres are being offered for sale, with an attached plat showing the layout. Parcel 3 totals 1.5 acres and Parcel 4 totals 3.16 acres.

The property is located at 5156-5174 West Vernal Pike in Bloomington, Indiana. Please refer to the attached plat for parcel configuration details.

This offering provides two contiguous light industrial land parcels under a single sale listing.

Key Highlights

  • Two light industrial parcels being offered together, totaling 4.66 acres
  • Parcel 3: 1.5 acres zoned light industrial offered at $175,000
  • Parcel 4: 3.16 acres zoned light industrial offered at $350,000

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Plumbing Service Kitchen & Bath Showroom Electrical Service

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

33
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Two light industrial parcels total 4.66 acres and are being offered together, with an attached plat for layout.
Where is this industrial land located?
The property is located at 5156-5174 West Vernal Pike Bloomington, IN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two light industrial parcels being offered together, totaling 4.66 acres; Parcel 3: 1.5 acres zoned light industrial offered at $175,000; Parcel 4: 3.16 acres zoned light industrial offered at $350,000
More about this property
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