Technical
Financial
Distress signals
Property profile

2361 Rappel Ave Bloomington, IN 47404

OFF-MARKET
Manufacturing properties
Property ID
US31-0847983
27,400 SF 2 ac lot Built 1998
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 27,400 SF
Lot 2 ac (87,120 SF)
APN 53-05-29-200-009.000-004
UPID US31-0847983

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Big Box & Wholesale Store Food Market
  • Restaurant Take-out & Catering
  • Restaurant
  • Restaurant

Location

2361 Rappel Ave Bloomington, IN 47404-1738
Bloomington metro Census 801 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$614k
Blend (final) Blend
$515k

Owner & transaction history

since 2015
4 recorded transactions
2021
Price N/A
2018
Price N/A
2015
Price N/A
2014
$750,000

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $825,000 +11.7%

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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