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    7348 Turner Dr [7340 N Wayport Rd] Bloomington, IN 47408

    Sponsored
    For Sale
    $395,000

    Vacant 5,000 SF building, 2.64 acres

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 7348 N Turner Dr (also known as 7340 N Wayport Road) in Bloomington, Indiana, presents a significant investment opportunity. The 5,000 square foot building sits on a substantial 2.64-acre lot, offering ample space for redevelopment or repurposing. Previously operating as a gas station, this property benefits from its convenient location at the Sample Road exit off I-69, providing easy access between Indianapolis and Bloomington. The property is zoned LB (Limited Business), offering flexibility for a variety of commercial uses. Built in 1980, the building is currently vacant, allowing for immediate occupancy and customization to suit a new business's needs. The property's address is 7348 N Turner Dr, Bloomington, IN 47408, with the APN 53-02-33-100-017.000-017. This is a rare opportunity to acquire a large parcel of land in a high-traffic area with excellent visibility. The asking price is $395,000. Don't miss this chance to secure a prime location for your next venture.

    Property Features for 7348 Turner Dr [7340 N Wayport Rd]

    General Information

    Property type
    Automotive properties
    Square Feet
    5,000 SF
    Lot Size
    114,998 SF

    Building Details

    Year Built
    1980

    HighLights

    • 5,000+/- SF building on 2.64 acres
    • Prime location at Sample Road exit off I‑69
    • High‑traffic area with excellent visibility
    • $395,000 asking price
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.5215621
    Latitude
    39.2632899

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    FAQs

    What type of property is this?
    Automotive property - Vacant 5,000 SF building, 2.64 acres
    Where is this automotive property located?
    The property is located at 7348 Turner Dr [7340 N Wayport Rd] Bloomington, IN.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 5,000+/- SF building on 2.64 acres; Prime location at Sample Road exit off I-69; High-traffic area with excellent visibility
    Request Owner's contact information
    7348 Turner Dr [7340 N Wayport Rd] Bloomington, IN 47408
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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
    7348 Turner Dr [7340 N Wayport Rd] Bloomington, IN 47408
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