Commercial Land for Sale in Bloomington, Indiana, offers a unique investment opportunity in a city that boasts a strong economy, excellent infrastructure, and a highly educated population. With a population of around 80,000, Bloomington is an attractive location for businesses and individuals alike, thanks to its proximity to Indiana University Bloomington, which enrolls over 45,000 students. Commercial Land in Bloomington can represent a variety of investments, from retail and office spaces to industrial and agricultural uses. The city's amenities, including its airport, bus service, and major highways, make it an ideal location for businesses that require easy access to transportation. Additionally, Bloomington's strong education system, with institutions like Indiana University and Ivy Tech Community College, provides a skilled workforce, making it an attractive location for businesses in various industries. The city's geography, characterized by rolling hills and limestone terrain, also offers a unique setting for businesses that require a specific type of land use. Overall, Bloomington is a great place for business and travel, with attractions like the Lotus World Music & Arts Festival, the Fourth Street Festival of the Arts & Crafts, and the Eskenazi Museum of Art.
Bloomington's Commercial Land for Sale offers a range of opportunities for investors, with 8 listings available. The average price per square foot is , and the average size of the listings is square feet, with the largest listing being 0 square feet. The average cap rate for Commercial Land in Bloomington is. In addition to Commercial Land, Bloomington also offers other property types, such as Office Space, Retail Space, Industrial Space, and Multifamily Properties. Office Space in Bloomington is ideal for businesses that require a professional setting, while Retail Space is perfect for businesses that need to be close to customers. Industrial Space in Bloomington is suitable for businesses that require a large amount of space for manufacturing or distribution, and Multifamily Properties offer a range of housing options for residents. Overall, Bloomington's diverse range of property types and strong economy make it an attractive location for investors and businesses alike.
What are common commercial uses for land in the Bloomington market?
In the Bloomington market, common commercial uses for land include office spaces, retail stores, and restaurants, which cater to the needs of the large student population and faculty of Indiana University Bloomington, as well as the local residents. Additionally, the land is also used for healthcare facilities, technology and manufacturing industries, and educational institutions, taking advantage of the city's strong economy and infrastructure.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Bloomington, Indiana, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a real estate agent or broker, or explore online marketplaces like LoopNet, which offers a comprehensive guide on how to buy land and navigate the process.
