Property profile

515 Woodscrest Dr Bloomington, IN 47401

OFF-MARKET
Office Spaces
Property ID
US31-1214455
2,900 SF 0.07 ac lot Built 1979
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A medical/traditional office building presents a rare opportunity. Located in a prime East Side location, this two-story, 9,054 square foot building offers multiple suites for lease. Currently, two suites are available, ranging from 610 to 1,480 square feet. One 1,480 square foot suite boasts a desirable layout including a waiting/reception area, three private offices, an open office area, and ample storage. Natural light floods all offices. Restrooms are conveniently located in a common area. The building itself was constructed in 1980 and sits on a 0.12-acre lot. The building is zoned MM and features a total of three suites across its two stories. While elevators are not present, the available 1,480 square foot suite is located on the second floor and accessible via stairs. Lease terms are base rent plus utilities, excluding water and sewer. This property is ideal for a variety of medical or traditional office uses, offering a blend of functionality and prime location. The building's excellent condition and desirable features make it a highly sought-after space. Inquire today to learn more about leasing opportunities.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Construction WOOD
Total area 2,900 SF
Lot 0.07 ac (2,962 SF)
APN 53-08-03-100-055.002-009
UPID US31-1214455

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

515 Woodscrest Dr Bloomington, IN 47401-5524
Bloomington metro Census 901 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2014
Price N/A
2012
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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