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Financial
Distress signals
Property profile

3201 W State Road 45 Bloomington, IN 47403

FOR LEASE
Outlet malls
Property ID
US31-0295517
125,592 SF 13.15 ac lot Built 1993
Last sale May 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3201 W State Road 45, Bloomington, IN 47403 For Lease 1 / 5
Contact for pricing 23,085 SF available
3201 W State Road 45, Bloomington, IN 47403
View Listing

Property summary

AI-generated overview

The property is a retail space located near a Rural King store, Sam’s Club, Walmart, restaurants, hotels, and other businesses. It fronts State Route 45 and is positioned for high street visibility. The site contains a total of 23,085 square feet on a 0.5-acre lot, and it is situated within approximately 5 miles of Indiana University–Bloomington.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value$2.56M
Assessed land$1.08M
Assessed improvement$1.47M
Effective rate1.08%

Value estimate

· Oct 2026
$10.02M
$9.01M – $11.02M
Submarket $/SF estimate$10.37M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$152/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$83 – $214

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant15.5
Hair Salon14.0
Realty agency12.7

Location

3201 W State Road 45 Bloomington, IN 47403
County assessor Recorded deeds · 5 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

1 recorded sale · 14 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
2035 Liberty, Bloomington, IN 47403-5137 $26,650 Sep 2023 18,568 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
4 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $11,305,000
    135,110 SF
    3205 State Rd 45
    WHOLESALE OUTLET, DISCOUNT STORE
    3205 State Rd 45, Bloomington, IN 47403-5107
    View Details
  • Value Estimation
    $16,210,000
    186,192 SF
    1285 Liberty Dr
    WHOLESALE OUTLET, DISCOUNT STORE
    1285 Liberty Dr, Bloomington, IN 47403-5140
    View Details
  • Value Estimation
    $19,250,000
    218,783 SF
    3585 State Rd 45
    WHOLESALE OUTLET, DISCOUNT STORE
    3585 State Rd 45, Bloomington, IN 47403-5123
    View Details
  • Value Estimation
    $1,755,000
    18,568 SF
    2035 Liberty Dr
    WHOLESALE OUTLET, DISCOUNT STORE
    2035 Liberty Dr, Bloomington, IN 47403-5137
    View Details

Similar in This City for Sale

  • Contact for pricing
    23,085 SF
    Retail Space Near Rural King
    23,085 SF retail space near major retailers and university.
    3201 IN-45, Bloomington, IN 47403
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  • Contact for pricing
    22,801 SF
    Prime Retail & Office Asset
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  • $875,000
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  • New
    $1,500,000
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    Two-building commercial property with showroom, office, shop, and apartment components in a downtown setting.
    322 W 3rd St, Bloomington, IN 47404
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  • New
    $495,000
    2,300 SF
    Bloomington Office/Retail Building For Lease
    Well-maintained office/retail building with high visibility and accessibility.
    1815 S Walnut St, Bloomington, IN 47401
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  • New
    $469,000
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    Storefront Retail Building with Office
    Flexible commercial building with showroom, office, kitchen, storage, licenses, and CD zoning for multiple business uses.
    3001 N Smith Pike, Bloomington, IN 47404
    View Details

Similar Nearby for Lease

  • New
    $14 SF/Yr
    967 sqft
    Main-Level Storefront Space
    Existing salon improvements can support hair services, office, or retail occupancy.
    534 S College Ave, Bloomington, IN 47403
    View Details
  • New
    Contact for pricing
    967 sqft
    Main-Level Retail Space
    Configured with salon improvements and adaptable for retail or office use.
    528-546 S College Ave, Bloomington, IN 47403
    View Details
  • New
    $12,000/Mo
    863 sqft
    Retail Storefront with Large Windows
    Retail space with an open layout and floor-to-ceiling storefront windows for strong pedestrian and vehicular visibility.
    1820 S Walnut St, Bloomington, IN 47403
    View Details
  • $14 SF/Yr
    Retail Space with Salon Buildout
    Main-level commercial space with a breakroom, storage, half bath, and flexible office or retail potential.
    534 S College Avenue, Bloomington, IN 47403
    View Details
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