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    FOR SALE
    Warehouses

    3401 E Cleve Butcher Rd, Bloomington, IN 47401

    12,700 SF 3.6 ac lot Built 2001
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US31-1050076
    No photos on file
    For Sale
    $2,100,000 12,700 SF
    3401 E Cleve Butcher Rd, Bloomington, IN 47401
    View Listing →
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 2001
    Construction TYPE NOT SPECIFIED
    Total area 12,700 SF
    Lot 3.6 ac (156,816 SF)
    APN 53-11-14-200-020.000-006
    UPID US31-1050076
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Brawley Storage LLC · 2 yrs held
    Brawley Storage LLC
    since 2023
    3 recorded transactions
    2023
    2007
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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