1025 Acuff RdBloomington, IN 47404

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

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.

• 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 Income

  $7,448,804

  Hospitality / Lodging

  $6,823,065

  Institutional / Educational

  $5,676,710

  Healthcare / Senior Housing

  $5,871,940

  Retail / Commercial

  $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

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