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    7340 Wayport Rd Bloomington, IN 47408

    • Commercial real estate
    • 2.64 lot acres
    For Sale
    View listing
    $395,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7340 Wayport Rd

    Year built
    1980
    Lot size
    2.64 lot acres
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.5217
    Latitude
    39.2632

    Comparable in this City

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      109 6th Stc

      COMMERCIAL (GENERAL)
      109 6th Stc, Bloomington, IN 47408-3363
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      3839 Russell Rd

      COMMERCIAL (GENERAL) • 984 SF
      3839 Russell Rd, Bloomington, IN 47408
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    • Value Estimation
      $335,000
      3,600 SF

      8820 Old State Rd 37

      COMMERCIAL (GENERAL) • 3,600 SF
      8820 Old State Rd 37, Bloomington, IN 47408-9748
      View Details
    • Value Estimation by Request
      10.12 Acres

      Old State Rd 37

      COMMERCIAL (GENERAL) • 10.12 Acres
      Old State Rd 37, Bloomington, IN 47408
      View Details
    • Value Estimation by Request
      1,824 SF

      4750 State Rd 45

      COMMERCIAL (GENERAL) • 1,824 SF
      4750 State Rd 45, Bloomington, IN 47408-9220
      View Details

    Similar Nearby for Sale

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    • $395,000
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      7340 Wayport Rd, Bloomington, IN 47408

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    Similar Nearby for Lease

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      Retail/Restaurant Space in Bloomington, IN

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      Office space for lease in a highly visible building.
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    7340 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
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