Downtown Development Lot
Vacant Land
for Sale
| Catylist Listing ID: |
30801128 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
0.90 Acres
|
| Sale Price: |
$1,395,000 |
| Unit Price: |
$1,550,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/8/2023 |
Overview / Comments
|
Premium redevelopment lot adjacent to busy N. College Ave. and overlooking Shower's Park. Location is in a downtown area that is seeing major development with new student housing, hotels, and retail. Location is in close proximity to IU Bloomington's campus and sports area.
|
Additional Details
| Nearest MSA: |
Bloomington |
| County: |
Monroe |
| Tax ID/APN: |
53-05-28-300-054.000-005 |
| Zoning: |
MIXED-USE CORRIDOR |
| Property Located Between: |
SR45/46 & 17th St |
| Property Visibility: |
Excellent |
| Legal Description: |
013-27550-00 BUILDING ON LAND LEASED FROM; ANDERSON, RHEA ( PT SW 28-9-1W )
|
| Largest Nearby Street: |
N College Ave. |
| Zoning Description: |
Mixed-Use Corridor |
| Topography: |
Level |
| Soil Type: |
Mixed |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,880 |
74,340 |
111,184 |
| Median Age: |
22.25 |
27.57 |
30.6 |
| Households: |
6,826 |
28,651 |
44,097 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
