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1614 W Arlington Rd - 4+ AC - Prime Multi-Family Development site

4 Acres of Commercial Land Offered at £1,032,834 in Bloomington, IN 47404

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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

Street aaddress for 1 of 3 parcels is 1530 W Arlington Road. All 3 parcels total +/- 4 Acres.

1614 W Arlington Road Flyer

Property Facts

Price	£1,032,834	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	£1,032,834
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	£1,032,834	Lot Size	4.00 AC
Price Per AC	£258,209

Price	£1,032,834
Price Per AC	£258,209
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.

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zoning

Zoning Code	RH & R2 (Residential)
RH & R2 (Residential)

Listing ID: 28400671
Date on Market: 04/05/2023
Last Updated:
Address: 1614 W Arlington Rd, Bloomington, IN 47404

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1614 W Arlington Rd, Bloomington, IN for sale Building Photo- Image 1 of 5 — Arlington Road Aerial

1614 W Arlington Rd, Bloomington, IN for sale Building Photo- Image 2 of 5 — final logo map for Arlington Road

1614 W Arlington Rd, Bloomington, IN for sale Primary Photo- Image 3 of 5 — arlington close up aerial

1614 W Arlington Rd, Bloomington, IN for sale Building Photo- Image 4 of 5 — arlington 3 star marked aerial

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