Property summary
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
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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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