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    Property profile & analytics

    3401 E Cleve Butcher Rd Bloomington, IN 47401

    • Warehouses
    • 12,700 SF
    • 3.60 lot acres
    For Sale
    View listing
    $2,100,000
    Value Estimation
    Last Sale
    Dec 22, 2023
    Location Intelligence
    Property ID
    US31-1050076
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 3401 E Cleve Butcher Rd

    Year built
    2001
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.60 lot acres
    Property size
    12,700 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    53-11-14-200-020.000-006
    APU
    531114200020000006

    Description

    This exceptional investment opportunity presents a substantial storage facility ideally situated at 3401 E Cleve Butcher Road in Bloomington, Indiana. The property encompasses a generous 3.6-acre lot, fully enclosed by perimeter fencing and secured by a gated entrance, providing enhanced security for tenants and their belongings. The facility comprises three sizable buildings, offering ample space for a diverse range of storage needs. The buildings' precise square footage is currently unavailable, however, the substantial size of the buildings and the expansive lot size indicate significant storage capacity. This property is well-suited for an investor seeking a high-demand, established storage business or for an entrepreneur looking to develop and expand an existing operation. The strategic location in Bloomington offers convenient access to major transportation routes and a thriving local market. The asking price of $2,100,000 reflects the significant potential for return on investment presented by this well-maintained and secure storage facility. The property's current configuration and secure design offer immediate income potential, making it an attractive option for both seasoned investors and newcomers to the commercial real estate market. Detailed financial information and building specifications are available upon request. This is a rare opportunity to acquire a substantial, established storage facility in a desirable location. Don't miss out on this chance to own a piece of Bloomington's thriving commercial landscape.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.4903
    Latitude
    39.0468
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,333
    $126,000
    $490,600
    $616,600
    -
    $126,000
    $490,600
    $616,600

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    Bloomington, IN 47401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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