2920 Mcintire DrBloomington, IN 47403

Property Details for 2920 Mcintire Dr

Year built

1994

Construction

TYPE NOT SPECIFIED

Lot size

3.93 AC

Property size (Sq ft)

45,927 SF

Property type

Medical offices

Property subtype

Medical centers

APN

53-08-18-201-003.000-009

APU

530818201003000009

Description

This exceptional Class A medical office building, located at 2920 S McIntire Dr, Bloomington, IN 47403, offers 44,480 square feet of space in a multi-tenant setting. Built in 1994, the three-story building sits on a 217,800 square foot lot and currently has 12,953 square feet of vacant space available, with individual suites ranging from 1,590 to 11,363 square feet. Its strategic location just east of State Road 37, off Tapp Road, provides convenient access to major healthcare facilities. The building is less than four miles from Monroe Hospital and Indiana University Bloomington Hospital, and is directly attached to the Indiana University Health Surgery Center, making it an ideal location for medical professionals. Amenities include ample covered drop-off areas and expansive parking. The property boasts a competitive rental structure and is situated in Monroe County (APN: 53-08-18-200-009.00-009). This presents a unique opportunity for medical practices seeking a high-visibility, well-equipped space in a thriving healthcare hub.

• CAP approach

  CAP return

  Valuation

  6%

  $6,420,680

  6.5%

  $5,926,780

  7%

  $5,503,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,953,400

  Geo Method

  $3,953,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $13,147,200

  Retail / Commercial

  $6,452,330

  Mixed-Use / Specialty

  $6,201,220

  Hospitality / Lodging

  $4,252,640

  Institutional / Educational

  $6,365,240

  Residential Income

  $7,447,330

  Multifamily

  $10,196,500

  Automotive / Energy

  $5,455,920

  Parking / Income-Based Land

  $2,108,140

  Restaurant / Food Service

  $2,738,460

  Healthcare / Senior Housing

  $6,593,160

Location Insight

City

Bloomington

County

Monroe

State

Indiana

Latitude

39.1343

Longitude

-86.5706

CBSA code

14020

CBSA name

BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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