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Property profile & analytics
OFF-MARKET Estimated value $1,365,000
Turn key restaurants

535 Walnut St Bloomington, IN 47401-4615

2,169 SF 0.3 ac lot Built 1988
Entity Owned Free & Clear
Property ID
US31-1291159
Property summary
AI-generated overview

This exceptional 2,287 square foot retail space is ideally situated at 535 S Walnut St in Bloomington, Indiana, within Monroe County (zip code 47401). The property is a single-tenant building, perfectly suited for a fast food restaurant or similar establishment. Its convenient location offers high visibility and accessibility for customers. The building's total square footage is 2,287 square feet, providing ample space for operations and potential expansion. The property type is classified as retail, specifically catering to fast food and restaurant businesses. This presents a unique opportunity for a business seeking a well-positioned location in a thriving community. The property's address is easily accessible and benefits from strong foot traffic and vehicular access. The geographic coordinates are 39.1599995 latitude and -86.5332963 longitude, allowing for precise location identification and mapping. This single-tenant building offers a streamlined operational environment, minimizing complexities associated with multi-tenant properties. The property's size and configuration are well-suited for a variety of restaurant concepts, from quick-service to casual dining. Serious inquiries are encouraged to explore this promising investment opportunity in a dynamic market. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. This location offers significant potential for growth and profitability, making it an attractive proposition for businesses seeking a strong foothold in the Bloomington market. The property's single-tenant status ensures a focused and efficient management structure.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 2,169 SF
Lot 0.3 ac (13,068 SF)
APN 53-08-04-214-003.000-009
UPID US31-1291159
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
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.37M
Owner & transaction history
535 Walnut Investments LLC
535 Walnut Investments LLC
since 2025
Last sale
$1.4M
4 recorded transactions
2025
Price N/A
2021
$1.4M
2017
Price N/A
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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