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    1663 Liberty Dr Bloomington, IN 47403
    Property profile & analytics

    1663 Liberty Dr Bloomington, IN 47403


    • Office Spaces
    • 52,802 SF
    • 6.24 lot acres
    Modern Office Building For Lease For Lease
    $7,565,000
    51,735 SF

    Modern Office Building For Lease

    Two-story office building with flexible space and ample parking.

    1663 Liberty Drive, Bloomington, IN 47403
    View Listing
    Property ID
    US31-0774263
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1663 Liberty Dr

    Year built
    2000
    Construction
    TYPE NOT SPECIFIED
    Lot size
    6.24 lot acres
    Property size
    52,802 SF
    Property type
    Office Spaces
    APN
    53-09-01-402-008.000-015
    APU
    530901402008000015

    Description

    This exceptional Class A office building, located at 1663 Liberty Drive in Bloomington, Indiana, offers 51,735 square feet of versatile space ideal for traditional office or medical office uses. Built in 2000 and renovated in 2015, the two-story building features a modern interior with approximately 31 private offices ranging from 2,000 to 25,867 square feet, six conference rooms, an elevator, ample open areas perfect for collaboration, storage/media rooms, and four restrooms. The property also includes a 1,400 square foot accessory garage. With 300 parking spaces, the building is conveniently situated off I-69, providing easy access to Bloomington's vibrant business community and a metro area population of 175,000. The 6.24-acre lot is zoned IG. The building's location offers proximity to Indiana University and major employers such as Coca-Cola, Otis Elevator, and Baxter Healthcare. Minimum leasable space is 2,000 square feet. The property's APN is 53-09-01-402-008.000-015, and it's located in Monroe County, Indiana, zip code 47403. This is a rare opportunity to secure a high-quality, well-maintained office space in a thriving location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,550,000
      6.5%
      $6,970,000
      7%
      $6,470,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,876,000
      Market price range: $3.21M - $8.88M
      AI Estimate
      $6,855,000
      Market price range: $1.47M - $7.65M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $6,230,000
      Current use
      RETAIL STORES
      $7,630,000
      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
    -86.5755
    Latitude
    39.1519
    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
    $100,262
    $936,000
    $5,465,100
    $6,401,100
    -
    $936,000
    $5,465,100
    $6,401,100
    View Listing
    More about this property
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