$195,000
5400 W Kilgore Avenue
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.
SR 32 West from Tillotson to sign on Northside
Map to 5400 W Kilgore Avenue, Muncie, IN 47304
| MLS # | 202339955 |
|---|---|
| Date Listed | 2023-10-31 |
| Status | Active |
| Property Type | Lots and Land |
| Property SubType | Industrial Land |
| Type | Industrial Land |
| Annual Taxes | $12,600.00 |
| Year Taxes Payable | 2022 |
| Days on Market | 372 |
| Construction | Industrial Land |
|---|---|
| Lot Size | 1,089,000 sq ft |
| Acreage | 25.26 Acres |
| Lot Dimensions | Irregular |
| Fence | None |
| Area | Delaware County |
|---|---|
| County | Delaware |
| Subdivision | None |
| Township | Mt Pleasant |
| City | Muncie |
| State | IN |
| Zip | 47304 |
| School District | Yorktown Community Schools |
|---|---|
| Elementary | Pleasant View K-2 Yorktown 3-5 |
| Middle School | Yorktown |
| High School | Yorktown |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202339955
Listing Provided Courtesy of Jacob Wagner
Coldwell Banker Real Estate Group
Agent: 317-448-8852
Listing updated April 2, 2025 at 12:45 pm
Last checked 11 minutes ago
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and 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.
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