5400 W Kilgore Avenue Active Save Request In-Person Tour Request Virtual Tour
Muncie,IN 47304
Key Details
Property Type Vacant Land
Sub Type Industrial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202339955
Annual Tax Amount $12,600
Tax Year 2022
Lot Size 25.260 Acres
Property Sub-Type Industrial Land
Property Description
This exceptional 25-acre parcel presents an outstanding development opportunity, prominently situated along State Road 32W, a prominent thoroughfare in the western Muncie area. The property boasts a diverse layout, featuring approximately 5 acres of well-maintained paved space, along with an additional 7 acres of fertile tillable land. The front section is securely fenced, while the rear part includes a specialized treatment facility and three retention/settling ponds thoughtfully designed along the White River. Notably, the front half of this property is currently under lease to AEP for three years, generating a steady annual income of $30,000, paid in full at beginning of new lease year. The details of this lease agreement will be made available upon acceptance of a purchase agreement.
Location
State IN
County Delaware County
Area Delaware County
Direction SR 32 West from Tillotson to sign on Northside
Building
New Construction No
Schools
Elementary Schools Pleasant View K-2 Yorktown 3-5
Middle Schools Yorktown
High Schools Yorktown
School District Yorktown Community Schools