3401 Cleve Butcher RdBloomington, IN 47401

For Sale
$2,100,000 View listing
  • Warehouses
  • 12,700 SF

Property Details for 3401 Cleve Butcher Rd

Year built
2001
Construction
TYPE NOT SPECIFIED
Lot size
3.60 AC
Property size (Sq ft)
12,700 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
53-11-14-200-020.000-006
APU
531114200020000006

Description

This exceptional investment opportunity presents a substantial storage facility ideally situated at 3401 E Cleve Butcher Road in Bloomington, Indiana. The property encompasses a generous 3.6-acre lot, fully enclosed by perimeter fencing and secured by a gated entrance, providing enhanced security for tenants and their belongings. The facility comprises three sizable buildings, offering ample space for a diverse range of storage needs. The buildings' precise square footage is currently unavailable, however, the substantial size of the buildings and the expansive lot size indicate significant storage capacity. This property is well-suited for an investor seeking a high-demand, established storage business or for an entrepreneur looking to develop and expand an existing operation. The strategic location in Bloomington offers convenient access to major transportation routes and a thriving local market. The asking price of $2,100,000 reflects the significant potential for return on investment presented by this well-maintained and secure storage facility. The property's current configuration and secure design offer immediate income potential, making it an attractive option for both seasoned investors and newcomers to the commercial real estate market. Detailed financial information and building specifications are available upon request. This is a rare opportunity to acquire a substantial, established storage facility in a desirable location. Don't miss out on this chance to own a piece of Bloomington's thriving commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,793,158
    Hospitality
    $1,642,523
    Educational
    $1,366,560
    Medical
    $1,413,558
    Retail
    $2,125,759
3401 Cleve Butcher Rd, Bloomington, Indiana

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.0468
Longitude
-86.4903
CBSA code
14020
CBSA name
BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,333
$126,000
$490,600
$616,600
-
$126,000
$490,600
$616,600

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