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125 S Westplex Ave 8,500 SF Industrial Building Bloomington, IN 47404 $725,000 ($85.29/SF) 5.68% Cap Rate
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.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $725,000 | Building Class | B |
| Price Per SF | $85.29 | Lot Size | 0.59 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 8,500 SF |
| Cap Rate | 5.68% | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1997 |
| Property Subtype | Warehouse | Tenancy | Single |
| Zoning | Light Industrial | ||
| Price | $725,000 |
| Price Per SF | $85.29 |
| 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
- Sewer - City
- Heating - Electric
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 53-05-32-310-011.000-005 | Total Assessment | $628,600 (2025) |
| Land Assessment | $383,300 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $245,300 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
53-05-32-310-011.000-005
Land Assessment
$383,300 (2025)
Improvements Assessment
$245,300 (2025)
Total Assessment
$628,600 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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125 S Westplex Ave
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