Hillcrest Way Bedford, IN 47421
This exceptional 2.31-acre commercial property in Bedford, Indiana, presents a compelling investment opportunity. Located in a rapidly developing area between Bloomington and Bedford, in Judah, this site boasts over 19,000 square feet of potential commercial space. Its strategic location offers unparalleled access, being less than a quarter-mile from Highway 37, ensuring high visibility and convenient access for customers and employees. The property includes a large, paved parking lot, accommodating ample vehicle parking. The current asking price is $895,000, significantly below the projected market value of $2,660,000 once fully developed and occupied. This presents a substantial return on investment potential. The expansive lot allows for multiple revenue streams, making it ideal for a variety of commercial ventures. Furthermore, the owner is offering a build-to-suit option, providing flexibility and customization to meet specific business needs. Detailed documentation outlining potential build-out plans is available upon request, allowing prospective buyers to thoroughly assess the development possibilities. This is a rare opportunity to acquire a prime commercial property in a thriving location with significant upside potential. Don't miss out on this chance to secure a valuable asset in a high-growth market.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.