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    515 Woodscrest Dr Bloomington, IN 47401

    Sponsored
    For Lease
    $10 SF/Yr ($7,952 /Mo)

    Class A Office Suites, 2 Available

    Lot size:
    9,054 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A medical/traditional office building presents a rare opportunity. Located in a prime East Side location, this two-story, 9,054 square foot building offers multiple suites for lease. Currently, two suites are available, ranging from 610 to 1,480 square feet. One 1,480 square foot suite boasts a desirable layout including a waiting/reception area, three private offices, an open office area, and ample storage. Natural light floods all offices. Restrooms are conveniently located in a common area. The building itself was constructed in 1980 and sits on a 0.12-acre lot. The building is zoned MM and features a total of three suites across its two stories. While elevators are not present, the available 1,480 square foot suite is located on the second floor and accessible via stairs. Lease terms are base rent plus utilities, excluding water and sewer. This property is ideal for a variety of medical or traditional office uses, offering a blend of functionality and prime location. The building's excellent condition and desirable features make it a highly sought-after space. Inquire today to learn more about leasing opportunities.

    Property Features for 515 Woodscrest Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,054 SF
    Class
    A
    Total Rate
    7952.43

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    202
    Size
    610 SF
    Rate per SF
    $16
    Space
    201
    Size
    1,480 SF
    Rate per SF
    $10

    HighLights

    • Class A, 9,054 SF medical/traditional office building on 0.12 acres.
    • Two‑story building with three suites, offering 610‑1,480 SF of available space.
    • Building features include multiple suites, no elevators, and MM zoning.
    • Built in 1980, the property consists of one building with a total of 9,054 square feet.
    • Available space includes waiting/reception area, private offices, open office area, and storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.501877997584
    Latitude
    39.161805531887

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    FAQs

    What type of property is this?
    Medical office - Class A Office Suites, 2 Available
    Where is this medical office located?
    The property is located at 515 Woodscrest Dr Bloomington, IN.
    What is the lease rate?
    The lease rate is $10-$16 SF/Yr.
    What are key features of this property?
    This property features: Class A, 9,054 SF medical/traditional office building on 0.12 acres.; Two-story building with three suites, offering 610-1,480 SF of available space.; Building features include multiple suites, no elevators, and MM zoning.
    Request Owner's contact information
    515 Woodscrest Dr Bloomington, IN 47401
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    Bloomington, IN 47401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 Woodscrest Dr Bloomington, IN 47401
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