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Property summary
The property is a solid steel Graber-constructed commercial building in Bloomington, Indiana (Monroe County) on Smith Pike, situated on a 0.57-acre lot and accompanied by a separate storage building. The site includes parking with two access points to the parking lot and prominent signage. The interior layout features an open-span showroom measuring 48 by 21 feet, with a 9-foot drop ceiling painted black, and a 12-foot ceiling behind the front counter area where retail shelving is installed. Office space measures 10 by 13 feet and includes a counter with a small sink. A kitchen space is similar in size and includes a range and refrigerator. The building’s front facade includes an EFIS finish added inside the decorative exterior surround at the top. The facility is configured to support retail use, including grocery or convenience retail operations, and has historically been operated as a convenience store with a two-way liquor license, a tobacco license, and a humidity-controlled cigar room.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Bloomington market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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