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Property profile & analytics
FOR SALE
Office buildings

803 E Lafayette St Bloomington, IL 61701

13,580 SF Built 1972
Property ID
US28-2038292-02
Property summary
AI-generated overview

Position your business for growth at this highly functional and versatile professional office property. Situated on a spacious 1.8-acre fenced lot, 803 E. Lafayette offers a rare combination of executive office space, workforce training areas, operational flexibility, and secured outdoor storage. The thoughtfully designed first floor features two distinct wings, allowing for owner occupancy, multi-department operations, or multi-tenant income potential. First Floor Highlights Impressive foyer entry with elevator access Beautiful executive conference room ideal for client meetings and presentations Private office suite configuration on the east side West side configured with approximately 20 cubicle workstations Separate restroom facilities Break room and kitchenette area Flexible layout for: Single-user occupancy Separate tenant suite Departmental separation East Side Lower Level Large training and meeting room Divisible space for multiple classrooms or collaborative work areas Men’s and women’s restrooms Small kitchenette area Ample storage space Ideal for: Safety training Workforce development Team meetings Continuing education programs West Side Lower Level Previously finished office area Ready for renovation and customization Excellent opportunity for expansion, additional tenant space, or operational storage Exterior & Site Amenities Large 1.8-acre lot Fully fenced property for added security Separate garage/outbuilding structure Ample parking and outdoor storage capability Excellent fit for contractors requiring fleet, equipment, or material storage

Property profile
Verified
Property type Office buildings
Year built 1972
Total area 13,580 SF
UPID US28-2038292-02
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
Current use
Occupant on record · Public records
  • FELMLEY DICKERSON Co. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
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?”
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