Industrial Properties in Bloomington, Minnesota offer a unique investment opportunity for those looking to capitalize on the city's strong economy and diverse industry base. With a population of nearly 90,000 residents, Bloomington is a significant commercial hub, home to the Mall of America and the headquarters of several prominent companies, including Ceridian, Donaldson Company, and HealthPartners. Industrial Properties in Bloomington represent a range of investments, from manufacturing and logistics facilities to office and research spaces. The city's extensive park system, including Hyland Lake Park Reserve and the Minnesota Valley National Wildlife Refuge, provides a unique blend of natural beauty and economic opportunity. Bloomington's location, just south of downtown Minneapolis, offers easy access to major transportation hubs, including the Minneapolis–Saint Paul International Airport and the Metro Blue Line light rail. The city's economy is robust, with over 100,000 jobs provided by various employers, making it an attractive location for businesses and investors alike. With its diverse economy, strong job market, and excellent infrastructure, Bloomington is an ideal location for Industrial Properties.
Currently, there are 11 Industrial Properties available for sale in Bloomington, offering a range of options for investors. These properties offer an average price per square foot of $146 USD and an average size of 58,460 square feet. The largest property available is 210,468 square feet. In addition to Industrial Properties, Bloomington also offers a range of other property types, including Warehouses, which are ideal for logistics and distribution operations, with easy access to major highways and transportation hubs. Land is also available for development, offering opportunities for investors to build new facilities or expand existing operations. Apartment Buildings are another option, providing a steady stream of rental income in a city with a strong economy and diverse industry base. Commercial Real Estate, including office and retail spaces, is also available, offering opportunities for businesses to establish a presence in the city. With its diverse economy, excellent infrastructure, and range of property types, Bloomington is an attractive location for investors and businesses alike.
What is the average price per square foot for industrial properties in Bloomington?
The average price per square foot for industrial properties in Bloomington is $146 USD per square foot, with an average size of 58,460 square feet and a largest size of 210,468 square feet among the 11 available listings.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Bloomington, with proximity to major highways, airports, and public transportation hubs being highly desirable.
- Properties located near Interstate 35W, Minnesota State Highway 77, and U.S. Highway 169 tend to have higher values due to their ease of access to regional and national markets.
- The presence of the Minneapolis–Saint Paul International Airport and the Metro Blue Line light rail also increases property values, as they provide convenient transportation options for employees and goods.
- In addition, industrial properties situated near major transportation hubs, such as the Mall of America, tend to have higher values due to their proximity to a large workforce and customer base.
