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    1663 Liberty Dr Bloomington, IN 47403

    For Lease
    $18 SF/Yr

    51,735 SF Office Building, Flexible Lease Options

    Lot size:
    51,735 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building, located at 1663 Liberty Drive in Bloomington, Indiana, offers 51,735 square feet of versatile space ideal for traditional office or medical office uses. Built in 2000 and renovated in 2015, the two-story building features a modern interior with approximately 31 private offices ranging from 2,000 to 25,867 square feet, six conference rooms, an elevator, ample open areas perfect for collaboration, storage/media rooms, and four restrooms. The property also includes a 1,400 square foot accessory garage. With 300 parking spaces, the building is conveniently situated off I-69, providing easy access to Bloomington's vibrant business community and a metro area population of 175,000. The 6.24-acre lot is zoned IG. The building's location offers proximity to Indiana University and major employers such as Coca-Cola, Otis Elevator, and Baxter Healthcare. Minimum leasable space is 2,000 square feet. The property's APN is 53-09-01-402-008.000-015, and it's located in Monroe County, Indiana, zip code 47403. This is a rare opportunity to secure a high-quality, well-maintained office space in a thriving location.

    Property Features for 1663 Liberty Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,735 SF
    Class
    A
    Total Rate
    77602.5

    Building Details

    Year Built/Renovated
    2000/2015
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    1st Floor
    Size
    25,867 SF
    Rate per SF
    $18
    Space
    2nd Floor
    Size
    25,867 SF
    Rate per SF
    $18

    HighLights

    • Two‑story building with a newly remodeled interior.
    • Highly flexible multi‑use space, accommodating 2,000 to 50,000 square feet.
    • On‑site lake and nature area.
    • Excellent I‑69 access with high visibility from Liberty Drive and I‑69.
    • Conveniently located near retail amenities.
    • General industrial zoning (Lot 1, Bloomington Technology Park Subdivision; not part of PUD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.5756367
    Latitude
    39.1516067

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    FAQs

    What type of property is this?
    Medical office - 51,735 SF Office Building, Flexible Lease Options
    Where is this medical office located?
    The property is located at 1663 Liberty Dr Bloomington, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Two-story building with a newly remodeled interior.; Highly flexible multi-use space, accommodating 2,000 to 50,000 square feet.; On-site lake and nature area.
    Request Owner's contact information
    1663 Liberty Dr Bloomington, IN 47403
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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
    1663 Liberty Dr Bloomington, IN 47403
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