Property profile

2423 Industrial Park Dr Bloomington, IN 47404

OFF-MARKET
Warehouses
Property ID
US31-0980119
9,120 SF 0.68 ac lot Built 1989
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction WOOD
Total area 9,120 SF
Lot 0.68 ac (29,621 SF)
APN 53-05-31-203-017.000-004
UPID US31-0980119

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
  • High School
  • Gym & Fitness Center

Location

2423 Industrial Park Dr Bloomington, IN 47404-2601
Bloomington metro Census 1301 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
$1.01M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M

Owner & transaction history

since 2023
Last sale
$1.1M
4 recorded transactions
2023
$1.1M
2020
$535,000
2017
$410,000
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $675,000 +59.9%

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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