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- LoopNet Team
6700 S Victor Pike
Bloomington, IN 47403
Industrial Investment Property · Land For Sale
·
79.14 AC
INVESTMENT HIGHLIGHTS
- Prime Location on I-69
- Heavily timbered property
- Comes with long term tenant
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 79.14 AC |
| Property Subtype | Industrial | No. Stories | 2 |
| Proposed Use | Industrial | ||
| Zoning | ME - Mixed use, industrial | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 79.14 AC |
| No. Stories | 2 |
| Zoning | ME - Mixed use, industrial |
DESCRIPTION
PROPERTY OVERVIEW • 79.14 acres total, zoned Industrial • Property comes with successful, long term tenant • Projected 4.5% Cap Rate with rents from existing tenant • Over 20 acres available for owner/developer user • Property is heavily timbered • Quick access to I-69 • Located in limestone production area of Indiana • Current tenant/owner is in process of subdividing property for buyer’s benefit. * Current owner would like to sell the entire property and lease back the portion (approximately 50 acres) they use for their business. The business is very successful and has secure longevity. There is plenty of room on the remaining acreage for new construction and occupants. ** AVAILABLE TO SEE BY APPOINTMENT ONLY! DO NOT VISIT PROPERTY ON YOUR OWN AND DISTURB TENANT AND/OR EMPLOYEES!!
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,209,100 | |
| Land Assessment | $734,100 | Total Assessment | $2,943,200 |
PROPERTY TAXES
