1020 W Allen St Bloomington, IN 47403
For Sale
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This exceptional 4.53-acre commercial and industrial land parcel presents a remarkable development opportunity in Bloomington, Indiana. Situated at 1020 W Allen St, this property boasts a highly desirable ME (Mix-use Employment) zoning designation, offering flexibility for a wide range of commercial and industrial uses. The lot includes a substantial pre-existing 42' x 200' concrete pad, significantly reducing initial infrastructure costs for prospective developers. Its strategic location near downtown Bloomington and directly across from Catalent Pharma Solutions provides excellent visibility and accessibility. The property's address is 1020 W Allen St, Bloomington, IN 47403, within Monroe County. The asking price for this exceptional development opportunity is $1,475,000. This prime location and existing infrastructure make this a compelling investment for businesses seeking to establish a presence in a thriving Indiana market. The property's coordinates are 39.15565130516193 latitude and -86.54482008606426 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.