Find us on Google+ 4070 S Walnut Street Pike, Bloomington, IN 47401 | MLS 201612088 | Listing Information | Carpenter Realtors
nav_1_off
nav_4_off
nav_2_off
nav_8_off
nav_9_off
nav_7_off

4070 S Walnut Street Pike,

Bloomington IN, 47401 (Active)
$1,350,000
|
|
MLS# 201612088
Skip Slideshow
Last Updated: 12/5/2016 8:07 AM
Description for 4070 S Walnut Street Pike Bloomington, IN 47401
MIXED USE DEVELOPMENT OPPORTUNITY! A Developerâs Dream! For sale is a 3 parcel estate totaling 5.1 acres. Location, future county/city planning, and projected growth within the area make this estate ripe for development in a premier locale. The land is nestled at the intersection of Rhorer Road and Old South Walnut Street Pike, and is one of the last undeveloped corners in the city. Positioned within, âœThe Fringe of Bloomington,â the property is incorporated into the Monroe County Urbanization Project. Anticipated population growths projected by census and consulting firms have demanded that the county design the Fullerton Pike/Gordon Pike/Rhorer Road Corridor, directly linking the southern portions of the Urbanization Project to the newly constructed I-69. In essence, the estate lies in a central location of what will become the, âœSouthern-East to West Beltway of Bloomington.â High traffic volumes, expected growth/urbanization, integral developmental opportunity of this area, and goals of connectivity in transportation has prompted the county to make strategic and deliberate efforts in widening Rhorer Road, which lines the north side of the acreage. Visions for the project include a right hand turn at the intersection lining the estate, as well as a three way stoplight, landscaped medians, pedestrian walkways, and bike lanes. Furthermore, surrounding development includes a Kroger shopping center, residential conversions, and a CVS Pharmacy located only minutes away. Additionally, the property is only 6.5 miles from Lake Monroe. These factors and future planning for the area make for great potential in the property becoming a primary and focal area of the new Urban Living on the Southside of Bloomington. The property has been described by county planners as, âœunique,â and a great space for, âœvertical development, creating high density living and activity space for a true spring forward in urbanization.â Furthermore, it was said of the estate, ✠these unique characteristics in location and potential of the property give great flexibility in zoning of the space.â Providing unique and promising location, natural beauty of old growth with wide green spaces, and its incorporation into future city/county planning make the property versatile with endless possibilities and potential regarding design and development. In essence, A Developerâs Dream.
Price
$1,350,000
Southeast Monroe County
Monroe County
201612088
Active
Description
MIXED USE DEVELOPMENT OPPORTUNITY! A Developerâs Dream! For sale is a 3 parcel estate totaling 5.1 acres. Location, future county/city planning, and projected growth within the area make this estate ripe for development in a premier locale. The land is nestled at the intersection of Rhorer Road and Old South Walnut Street Pike, and is one of the last undeveloped corners in the city. Positioned within, âœThe Fringe of Bloomington,â the property is incorporated into the Monroe County Urbanization Project. Anticipated population growths projected by census and consulting firms have demanded that the county design the Fullerton Pike/Gordon Pike/Rhorer Road Corridor, directly linking the southern portions of the Urbanization Project to the newly constructed I-69. In essence, the estate lies in a central location of what will become the, âœSouthern-East to West Beltway of Bloomington.â High traffic volumes, expected growth/urbanization, integral developmental opportunity of this area, and goals of connectivity in transportation has prompted the county to make strategic and deliberate efforts in widening Rhorer Road, which lines the north side of the acreage. Visions for the project include a right hand turn at the intersection lining the estate, as well as a three way stoplight, landscaped medians, pedestrian walkways, and bike lanes. Furthermore, surrounding development includes a Kroger shopping center, residential conversions, and a CVS Pharmacy located only minutes away. Additionally, the property is only 6.5 miles from Lake Monroe. These factors and future planning for the area make for great potential in the property becoming a primary and focal area of the new Urban Living on the Southside of Bloomington. The property has been described by county planners as, âœunique,â and a great space for, âœvertical development, creating high density living and activity space for a true spring forward in urbanization.â Furthermore, it was said of the estate, ✠these unique characteristics in location and potential of the property give great flexibility in zoning of the space.â Providing unique and promising location, natural beauty of old growth with wide green spaces, and its incorporation into future city/county planning make the property versatile with endless possibilities and potential regarding design and development. In essence, A Developerâs Dream.
Listing Information
Property Type: Land
5.1 Acres
Southeast Monroe County
City
City Sewer
Electric, Natural Gas
Neighborhood
School Information
District: Monroe County Community School C
CLEAR CREEK BATCHELOR BLOOMINGTON SOUTH
Room Information
Exterior / Lot Features
IRREGULAR
Irregular
No Fence
Commercial Lot, Suburban, Corner, Country Road, Paved Road, Irregular
Driving Directions
Corner of Walnut Street Pike & Rhorer Road.
Financial Considerations
53-08-21-200-007.00>
$6,000
Listing Price History

Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47401 has a population of 80,440.

The median household income in Bloomington, Indiana 47401 is $27,116. The median household income for the surrounding county is $38,675 compared to the national median of $53,046. The median age of people living in Bloomington 47401 is 23.4 years.

Loading nearby sales and history ...
Courtesy: RE/MAX Realty Professionals Ron Plecher
Information is provided exclusively for consumers' personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2016, Indiana Regional MLS (IRMLS)
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .
Change address       View on map

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time