0 State Road 45 Bloomington, IN 47404
This exceptional 38.41-acre property presents a unique investment opportunity in Bloomington, Indiana. Located at 6233 W. State Road 45, this expansive lot is zoned for Agriculture/Rural Reserve, offering versatile development potential. Its strategic location provides convenient access to major transportation arteries, including I-69, ensuring seamless connectivity. The property's proximity to established retail giants such as Walmart, Rural King, and Sam's Club further enhances its commercial viability. The asking price for this substantial land parcel is $1,400,000. Given its size and zoning, the property is suitable for a variety of uses, including agricultural pursuits, commercial development, or residential projects, subject to local planning and zoning regulations. The address is within Monroe County, Indiana, and uses the 47404 zip code. This presents a rare chance to acquire a significant land holding in a rapidly growing area with excellent infrastructure and access to key amenities. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.