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Financial
Distress signals
Property profile

1108 W 8Th St Bloomington, IN 47404

FOR SALE
Retail space
Property ID
US31-0078203
4,000 SF 0.5 ac lot Built 1981
Last sale Oct 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-building mixed-use property totaling 12,000+ square feet, consisting of a 4,000 sq ft office building and an 8,280 sq ft gymnasium configured for basketball and volleyball. The buildings are situated on separate parcels and may be sold independently, providing flexibility for an office use and a sports/recreation use on the corresponding parcels. The property is located less than one mile from the Bloomington square and includes 25 private parking spaces. The buildings were previously occupied by Girls Inc of Monroe County.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$119k
Assessed land$50k
Assessed improvement$69k

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$295k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$7k
Operating expenses−$21k
NOI · 5.40% cap applied$34k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$152/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$83 – $214

Cap rate analysis

How does the asset earn?
5.40%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.0
Locksmith9.0
Catering Service8.7

Location

1108 W 8Th St Bloomington, IN 47404
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 4th, Bloomington, IN 47404-5101 $765,000 Oct 2023 5,472 SF
107 9th, Bloomington, IN 47404-3818 $415,000 Jul 2022 4,251 SF
102 Walnut, Bloomington, IN 47404-4911 $5,000,000 Apr 2021 3,784 SF
402 Gates, Bloomington, IN 47404-4854 $2,194,690 Mar 2021 4,000 SF
908 Walnut, Bloomington, IN 47404-3525 $834,977 Jun 2020 4,608 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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