1663 Liberty DrBloomington, IN 47403

Property Details for 1663 Liberty Dr

Year built

2000

Construction

TYPE NOT SPECIFIED

Lot size

6.24 AC

Property size (Sq ft)

52,802 SF

Property type

Office properties

APN

53-09-01-402-008.000-015

APU

530901402008000015

Description

This exceptional Class A office building, located at 1663 Liberty Drive in Bloomington, Indiana, offers 51,735 square feet of versatile space ideal for traditional office or medical office uses. Built in 2000 and renovated in 2015, the two-story building features a modern interior with approximately 31 private offices ranging from 2,000 to 25,867 square feet, six conference rooms, an elevator, ample open areas perfect for collaboration, storage/media rooms, and four restrooms. The property also includes a 1,400 square foot accessory garage. With 300 parking spaces, the building is conveniently situated off I-69, providing easy access to Bloomington's vibrant business community and a metro area population of 175,000. The 6.24-acre lot is zoned IG. The building's location offers proximity to Indiana University and major employers such as Coca-Cola, Otis Elevator, and Baxter Healthcare. Minimum leasable space is 2,000 square feet. The property's APN is 53-09-01-402-008.000-015, and it's located in Monroe County, Indiana, zip code 47403. This is a rare opportunity to secure a high-quality, well-maintained office space in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,513,366

  6.5%

  $6,012,338

  7%

  $5,582,886

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,545,196

  Geo Method

  $4,545,196

• Alternative Use

  Use

  Valuation

  Residential

  $7,455,300

  Hospitality

  $6,829,014

  Educational

  $5,681,660

  Medical

  $5,877,060

  Retail

  $8,838,137

Location Insight

City

Bloomington

County

Monroe

State

Indiana

Latitude

39.1519

Longitude

-86.5755

CBSA code

14020

CBSA name

BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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