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Light Industrial Land Parcels
For Sale
$350,000

5174 West Vernal Pike, Bloomington, IN 47404

Two light industrial parcels totaling 4.66 acres are being offered for sale, with an attached plat included.

Property Size137,650 SF
Lot Size4.66 Acres
Price / SF$2.54
Days on Market151

Property Features for 5174 West Vernal Pike

General Information

Standard status Active
Size 137,650 SF
Lot size 4.66 Acres
Property subtype Lots & Lands / Commercial Land
Zoning Light Industrial

Taxes and HOA fees

Annual Taxes $3,111

Amenities

Yes
No
Paved
Listing Agency: Realty Professionals
Listed By: Jim Regester · License #RB14012351
Source: Compass
Added: Apr 18 Changed: Sep 14 Last Checked: Sep 15 at 10:53AM

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 are being offered for sale, totaling 4.66 acres. The offering includes Parcel 3 (1.5 acres) and Parcel 4 (3.16 acres), and an attached plat is provided.

The parcels are listed together under one sale price, with individual pricing shown for each parcel. See the attached plat for parcel configuration details.

Key Highlights

  • Two parcels zoned light industrial offered for sale, totaling 4.66 acres
  • Parcel 3: 1.5‑acre light industrial parcel offered at $175,000
  • Parcel 4: 3.16‑acre light industrial parcel offered at $350,000

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

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