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125 S Westplex Ave
Bloomington, IN 47404
Industrial Property For Sale
Executive Summary
8500 sq.ft. zoned for light industrial 6000 SF production/shop area with 2500+/-SF office space, near westside for sale. 1.5 miles from I69 and 1 mile from Downtown Bloomington. Currently leased to a long term tenant until June 25th, 2027 with no options to renew. The yearly rent is $6/SF or $4,250/monthly plus taxes, ins, and CAMS which is over a 7% cap rate! Seller is Licensed Broker in Indiana.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.59 AC |
| Cap Rate | 5.68% | Rentable Building Area | 8,500 SF |
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Warehouse | Year Built | 1997 |
| Building Class | B | Tenancy | Single |
| Zoning | Light Industrial | ||
| Sale Type | Investment or Owner User |
| Cap Rate | 5.68% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.59 AC |
| Rentable Building Area | 8,500 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Tenancy | Single |
| Zoning | Light Industrial |
Amenities
- Air Conditioning
Utilities
- Water - City Water
- Sewer - City Sewer
- Heating - Electric
Property Taxes
| Parcel Number | 53-05-32-310-011.000-005 | Improvements Assessment | $245,300 |
| Land Assessment | $383,300 | Total Assessment | $628,600 |
Property Taxes
Parcel Number
53-05-32-310-011.000-005
Land Assessment
$383,300
Improvements Assessment
$245,300
Total Assessment
$628,600
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