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    Property profile & analytics

    2305 W Industrial Park Dr Bloomington, IN 47404

    • Truck terminals
    • 11,380 SF
    • 3.28 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US31-0858439
    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.

    Current Use by Public Records

    • Truck terminals

    Property Details for 2305 W Industrial Park Dr

    Year built
    1992
    Construction
    WOOD
    Lot size
    3.28 lot acres
    Property size
    11,380 SF
    Property type
    Truck terminals
    APN
    53-05-31-203-020.000-004
    APU
    530531203020000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $495,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $490,000
      Retail
      $525,000
      Mixed-Use
      $535,000
      Hospitality
      $455,000
      Educational
      $540,000
      Residential Income
      $535,000
      Energy
      $550,000
      Income-Based Land
      $565,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.5687
    Latitude
    39.1739
    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
    $5,279
    $246,000
    $349,200
    $595,200
    -
    $246,000
    $349,200
    $595,200

    Comparable in this City

    • Value Estimation
      $380,000
      2,400 SF

      2520 Industrial Park Dr

      TRUCK TERMINAL (MOTOR FREIGHT) • 2,400 SF
      2520 Industrial Park Dr, Bloomington, IN 47404-2691
      View Details
    • Value Estimation by Request
      318,600 SF

      750 Daniels Waya

      MANUFACTURING (LIGHT) • 318,600 SF
      750 Daniels Waya, Bloomington, IN 47404-9120
      View Details
    • Value Estimation by Request
      7,008 SF

      648 Madison St

      STORAGE YARD, OPEN STORAGE • 7,008 SF
      648 Madison St, Bloomington, IN 47404-4095
      View Details
    • Value Estimation by Request
      8,040 SF

      1406 Guy Mccown Dr

      INDUSTRIAL (GENERAL) • 8,040 SF
      1406 Guy Mccown Dr, Bloomington, IN 47404
      View Details
    • Value Estimation by Request
      378 SF

      2400 Simpson Chapel Rd

      STORAGE YARD, OPEN STORAGE • 378 SF
      2400 Simpson Chapel Rd, Bloomington, IN 47404-9429
      View Details
    • Value Estimation
      $320,000
      9,163 SF

      5101 State Rd 37th Business

      WAREHOUSE, STORAGE • 9,163 SF
      5101 State Rd 37th Business, Bloomington, IN 47404-1636
      View Details

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    Similar Nearby for Lease

    • $2,600 /Mo
      2,400 SF

      Industrial Warehouse with Cross Dock

      2,400 SF industrial warehouse with cross dock in Bloomington.
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      View Details
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      2,500 SF

      Versatile Flex Space in Bloomington

      2,500 SF flex space suitable for office or industrial use.
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      Historic Mixed-Use Space, Bloomington

      Mixed-use space with loading dock near downtown Bloomington and B-Line.
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      Downtown Bloomington Commercial Space Available

      Open commercial space in downtown Bloomington near IU Campus.
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    • $450 /Mo
      500 SF

      Trades Business Space For Rent

      Fenced 500 SF mixed-use space with overhead door in Bloomington.
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      View Details
    • $10 SF/Yr

      Industrial Flex Building For Lease

      11,380 SF industrial flex building available for lease.
      2305 W Industrial Park Dr, Bloomington, IN 47404
      View Details
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    Bloomington, IN 47404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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