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1614 W Arlington Rd - 4+ AC - Prime Multi-Family Development site
4 Acres of Commercial Land Offered at $1,871,060 CAD in Bloomington, IN 47404
Investment Highlights
- 4+ acres for sale - prime multi-family development opportunity
- Mixed zoning including RH (Residential High Density) and R2
- Located 1.2 miles from Indiana University
- Utilities located at property except city sewer which is located near property
Executive Summary
Property Facts
| Price | $1,871,060 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 4.00 AC |
| Property Type | Land |
| Price | $1,871,060 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 4.00 AC |
1 Lot Available
Lot
| Price | $1,871,060 CAD | Lot Size | 4.00 AC |
| Price Per AC | $467,765 CAD |
| Price | $1,871,060 CAD |
| Price Per AC | $467,765 CAD |
| Lot Size | 4.00 AC |
Parcel ID: 53-05-29-300-057.000-005, Legal Description: 013-14095-00 ARLINGTON PLACE BLK 1 PT LOTS 2 & 3; ANNEXED 3/1/04 FROM 012-14090-00. Parcel ID: 53-05-29-306-010.000-005. Legal Description: 013-14105-00 ARLINGTON PLACE BLK 1 PT LOT 3; PLAT 3C.
Description
+/- 4 acres for sale - prime development opportunity in the growing 17th St and Arlington Rd corridor just 1.2 miles from Indiana University. Sale includes several adjoining parcels ready for redevelopment. Two of the parcels are zoned Residential High Density (RH) which allows for up to five stories of multi-family apartments. All utilities are at the properties (8 inch water main) except city sewer which has a sewer connection just down the road.
zoning
| Zoning Code | RH & R2 (Residential) |
| RH & R2 (Residential) |
Presented by
1614 W Arlington Rd - 4+ AC - Prime Multi-Family Development site
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