Property summary
The Poplar Grove School is a historic, two-level schoolhouse building located on the east side of Bloomington near Indiana University and the IU Health Bloomington Hospital. The property contains over 4,300 square feet and includes two levels with restrooms and a kitchenette on each floor. The interior layout features 10 office spaces, an open common area, and storage; the first level includes a larger open area with original hardwood floors. The building has more than 50 windows that provide natural light, and it sits on just over 1.05 acres with more than 25 parking spaces. The property is zoned Limited Business (LB), supporting a range of uses such as daycare, office, retail, studio/gallery, massage therapy, music therapy, counseling, real estate, freelance work, law firms, and insurance. The building has interior finishes including freshly painted walls and new carpeting, and the configuration presents potential for reconfiguration, redevelopment, or transformation.
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
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Bloomington market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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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