Property profile

1514 3rd St Bloomington, IN 47401

OFF-MARKET
Office Spaces
Property ID
US31-1206798
12,360 SF 1.17 ac lot Built 1956
Trust Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1956
Construction TYPE NOT SPECIFIED
Total area 12,360 SF
Lot 1.17 ac (50,922 SF)
APN 53-08-03-203-055.000-009
UPID US31-1206798

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1514 3rd St Bloomington, IN 47401-3733
Bloomington metro Census 302 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$330k

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.9M +17.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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