Residential Land for Sale in Bloomington, Indiana

Prime 5.56-acre redevelopment opportunity on the south side of Bloomington offering exceptional potential for a new neighborhood, multifamily project, condominiums, or a thoughtfully designed mixed residential community. Currently zoned R2, this parcel features approximately 200 feet of road frontage on Rogers Street and borders both the scenic Switchyard Park and the popular B-Line Trail along its eastern boundary--providing unmatched access to green space, recreation, and connectivity. The location is truly outstanding, just minutes from Interstate 69 via the Tapp Road exit and only 2.5 miles (approximately a 10-minute drive) from the campus of Indiana University Bloomington. With strong surrounding growth in Bloomington's southwest corridor and immediate proximity to two of the city's most sought-after amenities, this property delivers what every successful development needs: location, visibility, accessibility, and lifestyle appeal. In addition, the area is a part of the Bloomington Urban Enterprise Zone, which offers tax incentives and grants to qualified individuals and businesses. It is also located within the Monroe County Opportunity Zone. Location truly is everything, and this land sits in a prime position for future development.