Prime Commercial Development Opportunity – 8.58 Acres | High-Visibility Location Exceptional opportunity to acquire 8.58 acres of commercially zoned land in a rapidly developing corridor along W Arlington Road in Bloomington, Indiana. This high-visibility parcel offers limitless potential for a wide range of commercial uses and is ideally positioned between Bloomington and Ellettsville, providing excellent access and exposure. The property features valuable road frontage on both the Highway 45/46 Bypass and Arlington Road, offering outstanding visibility and strong traffic exposure. The site includes a vacant home that will need demolished, creating a clean slate for future development, or could be refurbished as a model home/sales office for future residential development. Surrounded by ongoing growth and located near an IU Health facility, this property benefits from proximity to major employers, medical services, and expanding commercial activity. With its strategic location, ample acreage, flexible commercial zoning, and dual road frontage, this parcel is well-suited for medical, retail, office, mixed-use, or other commercial ventures. A rare opportunity to secure a large tract in one of Bloomington’s most sought-after and rapidly developing commercial corridors with tremendous upside potential.
Active
Price cut: $200K (7/29)
$1,500,000
4833 W Arlington Rd, Bloomington, IN 47404
2beds
1,126sqft
Single Family Residence
Built in 1930
8.58 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Vacant homeAmple acreageDual road frontage
- 238 days
- 60
- 0
Zillow last checked:
Listing updated:
Listed by:
Cory Grass cell:812-564-1111,
RE/MAX Acclaimed Properties
Source: IRMLS,MLS#: 202603321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Living room
- Level: Main
- Area: 324
- Dimensions: 18 x 18
Heating
- Electric
Cooling
- None
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,018
- Total interior livable area: 1,126 sqft
- Finished area above ground: 1,126
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 8.58 Acres
- Features: Irregular Lot, 6-9.999, Wooded, City/Town/Suburb
Details
- Additional parcels included: 5304-24-101-031.000-011
- Parcel number: 530424101014.000011
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $181,500
- Annual tax amount: $4,424
- Date on market: 2/3/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,334/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $1,500,000-11.8% |
Source: | ||
| 2/3/2026 | Listed for sale | $1,700,000 |
Source: | ||
| 1/28/2026 | Listing removed | $1,700,000 |
Source: | ||
| 11/10/2025 | Price change | $1,700,000-15% |
Source: | ||
| 7/28/2025 | Listed for sale | $2,000,000+254% |
Source: | ||
| 12/3/2021 | Listing removed | -- |
Source: | ||
| 7/2/2021 | Listed for sale | $565,000$502/sqft |
Source: | ||
| 6/3/2021 | Listing removed | -- |
Source: | ||
| 1/12/2021 | Listed for sale | $565,000 |
Source: | ||
| 1/3/2021 | Listing removed | -- |
Source: | ||
| 7/2/2020 | Price change | $565,000-21%$502/sqft |
Source: Bloomington - WEICHERT, REALTORS - The Brawley Group #202001713 Report a problem | ||
| 1/15/2020 | Listed for sale | $715,000$635/sqft |
Source: Weichert, Realtors - The Owens Group #202001713 Report a problem | ||
| 11/28/2019 | Listing removed | $715,000$635/sqft |
Source: Bloomington - WEICHERT, REALTORS - The Owens Group #201839579 Report a problem | ||
| 3/28/2019 | Price change | $715,000-6.5%$635/sqft |
Source: Bloomington - WEICHERT, REALTORS - The Owens Group #201839579 Report a problem | ||
| 8/31/2018 | Listed for sale | $765,000$679/sqft |
Source: Weichert, Realtors - The Owens Group #201839579 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,967 +180.5% | $181,500 +3% |
| 2023 | $1,058 +9.5% | $176,200 +23% |
| 2022 | $966 -55.6% | $143,300 +9.9% |
| 2021 | $2,176 +33.2% | $130,400 +6.5% |
| 2020 | $1,634 +0.5% | $122,400 +28% |
| 2019 | $1,626 -8.7% | $95,600 +2.6% |
| 2018 | $1,781 +20.3% | $93,200 +3.9% |
| 2017 | $1,481 | $89,700 |
| 2016 | $1,481 +0.1% | $89,700 +1.8% |
| 2014 | $1,480 +0.9% | $88,100 -1.1% |
| 2013 | $1,466 +6.8% | $89,100 -0.1% |
| 2012 | $1,373 -0.6% | $89,200 +7.7% |
| 2011 | $1,381 -4.5% | $82,800 |
| 2010 | $1,446 +30.1% | $82,800 -1.5% |
| 2009 | $1,112 -19.4% | $84,100 +1.3% |
| 2007 | $1,379 | $83,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47404
Nearby schools
Schools provided by the listing agent
- Elementary: Edgewood
- Middle: Edgewood
- High: Edgewood
- District: Richland-Bean Blossom Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.


