Technical
Financial
Distress signals
Property profile

2505 3rd St Bloomington, IN 47404

OFF-MARKET
Commercial real estate
Property ID
US31-1030524
5,376 SF 1.72 ac lot Built 1991
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1991
Construction WOOD
Total area 5,376 SF
Lot 1.72 ac (74,923 SF)
APN 53-08-06-100-030.000-009
UPID US31-1030524

Cap rate & NOI

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

Location

2505 3rd St Bloomington, IN 47404
Bloomington metro Census 401 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$710k
Comparable Approach Comparable
$516k
Blend (final) Blend
$360k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $815,000 +17.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2505 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message