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    1805 Stonelake Dr Bloomington, IN 47404

    Sponsored
    For Sale
    $165,000

    Half-acre lot, Commercial PUD zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.49-acre commercial parcel is ideally situated at 1805 N Stonelake Drive in Bloomington, Indiana, zip code 47404. Currently zoned Commercial Planned Unit Development (PUD), this property presents a multitude of development possibilities for savvy investors. The asking price is $165,000. All city utilities are readily available, simplifying infrastructure connections and reducing development costs. The generous lot size offers ample space for a variety of commercial ventures, from retail establishments and office spaces to smaller-scale industrial uses. Its prime location within Bloomington provides excellent access to transportation networks and a thriving local economy. The property's flat topography further enhances its development potential, minimizing site preparation challenges. This is a rare opportunity to acquire a strategically located commercial lot in a desirable Indiana city, offering significant potential for future growth and return on investment. Detailed zoning information and permitted uses can be obtained from the city of Bloomington planning department. The property's coordinates are 39.187716 latitude and -86.545047 longitude. Don't miss this chance to secure a valuable asset in a dynamic market.

    Property Features for 1805 Stonelake Dr

    General Information

    Property type
    Land
    Lot Size
    21,344 SF

    HighLights

    • 0.49‑acre commercial lot in Bloomington, IN (47404) for $165,000.
    • Zoned Commercial Planned Unit Development (PUD).
    • All city utilities available.
    • Excellent location with easy access to transportation and a strong local economy.
    • Flat topography simplifies development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -86.545047
    Latitude
    39.187716

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    FAQs

    What type of property is this?
    Land - Half-acre lot, Commercial PUD zoning.
    Where is this land located?
    The property is located at 1805 Stonelake Dr Bloomington, IN.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: 0.49-acre commercial lot in Bloomington, IN (47404) for $165,000.; Zoned Commercial Planned Unit Development (PUD).; All city utilities available.
    Request Owner's contact information
    1805 Stonelake Dr Bloomington, IN 47404
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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
    1805 Stonelake Dr Bloomington, IN 47404
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