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3111 S Walnut Street Pike - Bloomington Residential Land 15.5 Acres of Residential Land Offered at $1,200,000 in Bloomington, IN 47401



Investment Highlights
- R2-Medium Lot Residential
- ~1.5 miles from I-69 via Exit 116
Property Facts
| Price | $1,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 15.50 AC |
| Zoning | R2 - R2 - Medium Lot Residential | ||
| Price | $1,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 15.50 AC |
| Zoning | R2 - R2 - Medium Lot Residential |
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 15.50 AC |
| Price Per AC | $77,419.35 |
| Price | $1,200,000 |
| Price Per AC | $77,419.35 |
| Lot Size | 15.50 AC |
16 Acres
Description
This 16-acre parcel located in desirable Bloomington offers fully zoned, entitled, and platted land for up to 76 residential units/33 duplex buildings. Situated with immediate utility access via Walnut Street, the property is ideally positioned for a for-sale or BTR housing project. A rare and unique chance for a new builder, developer, or investor to capitalize on the groundwork already completed for a prime, shovel-ready parcel in a strong market. Due diligence materials can be provided including survey, Phase I, topo, and approved site plans.
1 1
Property Taxes
| Parcel Number | 53-08-16-400-002.000-009 | Improvements Assessment | $119,300 |
| Land Assessment | $113,500 | Total Assessment | $232,800 |
Property Taxes
Parcel Number
53-08-16-400-002.000-009
Land Assessment
$113,500
Improvements Assessment
$119,300
Total Assessment
$232,800
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3111 S Walnut Street Pike - Bloomington Residential Land
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