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Financial
Distress signals
Property profile

125 S Westplex Ave Bloomington, IN 47404

FOR SALE
Other industrial properties
Property ID
US31-1106953
6,056 SF 0.51 ac lot Built 1991
Last sale Sep 2022 · $600,000
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

This flex property contains approximately 8,500 square feet and is zoned for light industrial use. The building layout is designed to support both operational and administrative functions, with about 6,000 square feet configured for production and shop activities and approximately 2,500+/- square feet dedicated to office space. Building features include central air conditioning, garage parking, and interior flooring comprised of wood, finished concrete, and carpet. The property has an asphalt…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$462k
Assessed land$204k
Assessed improvement$258k
Effective rate1.06%

Value estimate

· Oct 2026
$565k
$509k – $622k
AI approach$585k
CAP approach$550k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$9k
Operating expenses−$22k
NOI · 6.93% cap applied$50k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6.93%
$50k 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: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.8
Smoke and Vape Shop9.8
Storage Facility9.1

Location

125 S Westplex Ave Bloomington, IN 47404
County assessor Recorded deeds · 3 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4910 Lakeview, Bloomington, IN 47404-9623 $3,650,000 Jul 2022 7,200 SF
401 Gates, Bloomington, IN 47404-4824 $105,500 Apr 2021 7,952 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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