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Property profile & analytics
OFF-MARKET
Commercial real estate

Hillcrest Way Bedford, IN 47421

2.31 ac lot Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2005
Lot 2.31 ac (100,624 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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