3401 E Cleve Butcher Rd, Bloomington, IN 47401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.