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    3201 In-45 Bloomington, IN 47403

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    For Sale
    Contact for pricing

    High-traffic retail outlot near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.5-acre retail outlot presents a prime investment opportunity in Bloomington, Indiana. Located at 3201 IN-45, this property boasts unparalleled visibility from Interstate 69 and State Route 45, with over 20,000 vehicles passing daily. The site enjoys a strategic location adjacent to a thriving Rural King store and other successful businesses, including Sam's Club and Walmart, further enhancing its appeal. The area's robust demographics include a dense daytime population of 50,697 employees within a 5-mile radius and a total population exceeding 98,000 within the same proximity. The presence of Indiana University - Bloomington, with its 43,000+ students and nearly 2,000 faculty members, less than 5 miles away, contributes to a significant and consistent consumer base. This outlot offers exceptional potential for a variety of retail uses, capitalizing on the high traffic counts and strong surrounding commercial activity. The property is situated in Monroe County, Indiana, with a zip code of 47403. This is a rare opportunity to establish a presence in a thriving retail corridor with significant growth potential.

    Property Features for 3201 In-45

    General Information

    Property type
    Lifestyle centers
    Lot Size
    21,780 SF

    HighLights

    • 0.5‑acre outlot available for lease in Bloomington, IN.
    • Located near Rural King, Sam's Club, and Walmart, with excellent visibility from I‑69 and State Route 45.
    • High traffic count exceeding 20,000 vehicles daily.
    • Dense daytime population of 50,697 employees within a 5‑mile radius.
    • Strong population base of over 98,000 within 5 miles, including Indiana University with over 43,000 students and nearly 2,000 faculty.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.574368032811
    Latitude
    39.144091323345

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail outlot near major retailers.
    Where is this lifestyle center located?
    The property is located at 3201 In-45 Bloomington, IN.
    What are key features of this property?
    This property features: 0.5-acre outlot available for lease in Bloomington, IN.; Located near Rural King, Sam's Club, and Walmart, with excellent visibility from I-69 and State Route 45.; High traffic count exceeding 20,000 vehicles daily.
    Request Owner's contact information
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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
    3201 In-45 Bloomington, IN 47403
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