Technical
Financial
Distress signals
Property profile

2911 Covenanter Dr Bloomington, IN 47401

OFF-MARKET
Medical Office Space
Property ID
US31-0981067
12,360 SF 0.73 ac lot Built 1991
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction TYPE NOT SPECIFIED
Total area 12,360 SF
Lot 0.73 ac (31,799 SF)
APN 53-08-02-300-015.000-009
UPID US31-0981067

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Gym & Fitness Center Alternative Medicine Practice
  • Dental Office

Location

2911 Covenanter Dr Bloomington, IN 47401-6320
Bloomington metro Census 904 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$639k
Blend (final) Blend
$515k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $820,000 +19.7%
Warehouse, storage $755,000 +9.6%
Retail stores $700,000 +1.8%

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 2911 Covenanter Dr?
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