1025 Acuff RdBloomington, IN 47404
- Office properties
- 52,756 SF
Property Details for 1025 Acuff Rd
- Year built
- 1995
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.00 AC
- Property size (Sq ft)
- 52,756 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 53-05-20-202-001.000-005
- APU
- 530520202001000005
Description
This exceptional 52,234 square foot office building, situated on 5.8 acres in Monroe County, presents a unique opportunity. Built in 1995, the property boasts a highly desirable location with excellent visibility from Interstate I-69, offering convenient access and strong brand recognition. Currently available as a single-tenant occupancy, the building is also suitable for multiple tenants, with a minimum leaseable space of approximately 13,000 square feet per floor. The property features a comprehensive array of amenities, including 234 parking spaces, a modern elevator, and a fully functional generator ensuring 100% building power. Interior highlights include open areas, private offices, a commercial kitchen, and numerous meeting rooms, all exceptionally maintained. Security is enhanced by an access control system. Employees can enjoy an outdoor break area. The asking price is $5,950,000, translating to $114 per square foot. This presents an ideal opportunity for a corporate headquarters or a multi-tenant office complex seeking a prestigious and functional space in a highly sought-after location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,507,692
- 6.5%
- $6,007,100
- 7%
- $5,578,022
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,541,236
- Geo Method
- $4,541,236
-
Alternative Use
- Use
- Valuation
- Residential
- $7,448,804
- Hospitality
- $6,823,065
- Educational
- $5,676,710
- Medical
- $5,871,940
- Retail
- $8,830,438
Location Insight
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Latitude
- 39.2076
- Longitude
- -86.5508
- CBSA code
- 14020
- CBSA name
- BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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