Financial
Distress signals
Property profile

205 N College Ave Bloomington, IN 47404

FOR LEASE
Retail space
Property ID
US31-0308851
9,578 SF 0.2 ac lot Built 1970
Last sale Aug 2019 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An eight-story building, formerly known as the Graham Plaza Hotel, was renovated in 1979 and is listed on the National Register of Historic Places. The building is situated in a downtown square setting and has been used for retail and office spaces.

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.

Mortgages

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?
$15k
Tax billed · 2023
Assessed value$1.46M
Assessed land$166k
Assessed improvement$1.29M
Effective rate1.06%

Value estimate

· Sep 2026
$1.35M
$1.21M – $1.48M
Submarket $/SF estimate$1.06M
NOI build-up
Gross scheduled income$3k
Vacancy & credit loss−$628
Operating expenses−$497
NOI · 489.51% cap applied$1k

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?
489.51%
$1k 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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.5
Electrical Service9.4
Locksmith9.4

Location

205 N College Ave 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3308 3rd, Bloomington, IN 47404-4846 $976,479 Jan 2022 8,060 SF
208 Walnut, Bloomington, IN 47404-4950 $750,000 Jan 2022 5,607 SF
415 Elm, Bloomington, IN 47404 $500,000 Jun 2021 8,280 SF
1681 College, Bloomington, IN 47404-2419 $326,000 Feb 2021 7,080 SF
108 6th, Bloomington, IN 47404-3910 $2,050,000 Dec 2020 8,778 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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