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    1751 Liberty Dr Bloomington, IN 47403

    For Lease
    $60,000

    1 Acre Mixed-Use Land Lease Opportunity

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1-acre commercial land parcel, situated on Liberty Drive near the I-69 interchange, presents a remarkable investment opportunity. Currently available for lease at $60,000 annually, this high-visibility location boasts significant traffic flow and offers unparalleled convenience for employees commuting to Indianapolis, Crane, and surrounding areas. The property's Mixed-Use Medium Density zoning allows for a diverse range of development possibilities, making it ideal for a variety of commercial ventures. Imagine a new professional office building, a modern hotel, or a thriving restaurant – the potential is vast. The site can easily accommodate a building footprint of at least 10,000 square feet and provides ample parking for up to 60 vehicles. Its proximity to Bloomington's Westside restaurants, hotels, and industries further enhances its appeal. The landlord is open to build-to-suit options, offering flexibility and customization to meet the specific needs of the prospective tenant. This prime location offers exceptional visibility and accessibility, making it an outstanding investment for long-term growth and profitability. Don't miss this chance to secure a prominent position in a thriving commercial area.

    Property Features for 1751 Liberty Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF
    Total Rate
    60000

    Unit(s) available at that property

    Space
    Size
    43,560 SF
    Rate per SF
    $60,000

    HighLights

    • 1 Acre commercial land parcel for lease at $60,000 annually.
    • Located on Liberty Drive near I‑69 interchange, offering high visibility and traffic.
    • Mixed‑Use Medium Density zoning allows for diverse development options.
    • Suitable for a 10,000+ SF building with ample parking (60 spaces).
    • Convenient location near Bloomington's Westside amenities and major transportation routes.
    • Landlord will consider build‑to‑suit opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -86.576397006647
    Latitude
    39.149653681267

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    FAQs

    What type of property is this?
    Land - 1 Acre Mixed-Use Land Lease Opportunity
    Where is this land located?
    The property is located at 1751 Liberty Dr Bloomington, IN.
    What is the lease rate?
    The lease rate is $60,000.
    What are key features of this property?
    This property features: 1 Acre commercial land parcel for lease at $60,000 annually.; Located on Liberty Drive near I-69 interchange, offering high visibility and traffic.; Mixed-Use Medium Density zoning allows for diverse development options.
    Request Owner's contact information
    1751 Liberty Dr Bloomington, IN 47403
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    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
    1751 Liberty Dr Bloomington, IN 47403
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