1600 W Bloomfield Rd Bloomington, IN 47403
Property profile & analytics
1600 W Bloomfield Rd Bloomington, IN 47403
- Office Spaces
- 28,077 SF
- 2.31 lot acres
Property ID
US31-0400697
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 1600 W Bloomfield Rd
- Year built
- 2004
- Construction
- STEEL FRAME
- Lot size
- 2.31 lot acres
- Property size
- 28,077 SF
- Property type
- Office Spaces
- APN
- 53-08-06-104-062.000-009
- APU
- 530806104062000009
Description
This exceptional Class A office building, located at 1600 W. Bloomfield Road in Bloomington, Indiana, offers 20,000 square feet of versatile space ideal for a variety of businesses. Built in 2004, the three-story building sits on two acres of land and features a total of three suites, with a minimum divisible space of 4,100 square feet and a maximum contiguous space of 7,500 square feet. Currently, 19,100 square feet is available for lease. The property boasts ample parking with 80 spaces available for tenants and visitors. Its convenient location on W. Bloomfield Road/SR-45 ensures easy access and high visibility. The building is zoned for Mixed-Use Medium Density, offering flexibility for various business types. While elevators are not present, the building's design facilitates efficient access to all three floors. The property's APN is 53-08-06-104-062.000-009, and its zip code is 47403. This prime Bloomington location presents a unique opportunity for businesses seeking high-quality, readily available office space in a thriving community. The property is categorized as both Traditional Office and Medical Office space, making it suitable for a wide range of professional uses.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,015,000
- 6.5%
- $3,705,000
- 7%
- $3,440,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,602,000
- AI Estimate
- $3,066,000
Market price range: $1.71M - $4.72MMarket price range: $780k - $4.07M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,315,000 Current use
- RETAIL STORES
- $4,055,000 Change: +22% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.5606
- Latitude
- 39.1571
- CBSA code
- 14020
- CBSA name
- BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,300
$346,500
$2,517,300
$2,863,800
-
$346,500
$2,517,300
$2,863,800
