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Financial
Distress signals
Property profile

3001 N Smith Pike Bloomington, IN 47404

FOR SALE
Retail space
Property ID
US31-2258617
1,800 SF 0.57 ac lot Built 1988
Last sale Jun 2018 · $287,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$747
Tax billed · 2023
Assessed value$73k
Assessed land$23k
Assessed improvement$50k
Effective rate1.03%

Value estimate

· Oct 2026
$215k
$194k – $237k
AI approach$290k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 5.15% cap applied$24k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$145/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$78 – $276

Cap rate analysis

How does the asset earn?
5.15%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.3
Law Firm10.8
Dental Office9.5

Location

3001 N Smith Pike Bloomington, IN 47404
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1122 11th, Bloomington, IN 47404-3212 $350,000 Apr 2023 2,400 SF
313 17th, Bloomington, IN 47404-3453 $200,000 Oct 2022 1,727 SF
201 17th, Bloomington, IN 47404-3535 $10,470 Feb 2022 1,645 SF
401 17th, Bloomington, IN 47404-3455 $68,820 Feb 2022 2,226 SF
1301 Walnut, Bloomington, IN 47404-3567 $280,000 Feb 2021 2,594 SF
3324 3rd, Bloomington, IN 47404-4846 $1,019,855 Oct 2019 2,010 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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