North Russell Road

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North Russell Road

Bloomington, IN 47408
Asking Price
$749K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail asset available for sale on North Russell Road
  • Total building footprint spans 25,000 square feet
  • Property sits on 8.68 acres of developable land
  • Current facility contains 39 functional horse stalls
  • Offered for purchase at a price of 749,000 dollars

What's Special

Bloomington serves as a central hub for commerce and education in south-central Indiana, supported by a stable regional economy and steady growth. North Russell Road provides access to this active market area, which features a mix of local infrastructure and commercial activity. This 8.68-acre site currently hosts a 25,000-square-foot retail asset previously utilized as an equestrian facility. The property includes 39 stalls, making it a functional space for specialized agricultural or retail-adjacent commercial operations. Its expansive acreage offers versatility for businesses requiring significant footprint for storage, distribution, or niche retail service models. Given the property layout and rural-urban fringe location, investors or business operators may find the existing structure suitable for adaptive reuse or continued specialized commercial use. The asset is positioned to serve clients throughout the Bloomington submarket and surrounding counties.

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NOI
$80,000
Cap Rate
10.68%
DSCR
1.80
Strong
Cash-on-Cash
15.81%
Monthly Payment
$3,705.643
Annual Cash Flow
$35,532.28

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