Property profile

3101 Canterbury Ct Bloomington, IN 47404

OFF-MARKET
Office Spaces
Property ID
US31-3112349
9,960 SF 0.97 ac lot Built 1977
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,960 square foot retail building situated on a 0.97-acre lot in Bloomington, Indiana. The property, built in 1977 and extensively renovated in 2017, boasts a 100% occupancy rate with a single tenant under a modified net lease with a remaining term of one year, expiring November 30, 2025. The lease commenced November 30, 2017, and includes lease options. The property features 25 parking spaces and is zoned GB. The asking price is $1,050,000, representing a compelling price per square foot of $105.42 and a 7.95% cap rate. This Class B, single-story building serves as a convenience store and daycare/nursery. The property's strong financial performance, coupled with its desirable location and recent renovations, makes it an attractive investment for owner-users seeking a stable, high-yield return. The property's APN is 53-05-20-300-039.002-004. This is a for-sale-by-owner opportunity.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1977
Construction WOOD
Total area 9,960 SF
Lot 0.97 ac (42,253 SF)
APN 53-05-20-300-039.001-004
UPID US31-3112349

Cap rate & NOI

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

Location

3101 Canterbury Ct Bloomington, IN 47404-1500
Bloomington metro Census 700 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$969k
Blend (final) Blend
$275k

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2021
Price N/A
2018
Price N/A
2014
Price N/A

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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