5400 W Kilgore Avenue Muncie, IN 47304

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Industrial Land

$195,000

5400 W Kilgore Avenue

25.26 Acres
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.

Directions

SR 32 West from Tillotson to sign on Northside

Map to 5400 W Kilgore Avenue, Muncie, IN 47304

Property
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 323
External Features
Construction Industrial Land
Lot Size 1,089,000 sq ft
Acreage 25.26 Acres
Lot Dimensions Irregular
Fence None
Location
Area Delaware County
County Delaware
Subdivision None
Township Mt Pleasant
City Muncie
State IN
Zip 47304
Schools
School District Yorktown Community Schools
Elementary Pleasant View (K-2) Yorktown (3-5)
Middle School Yorktown
High School Yorktown
Financial
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 October 31, 2023 at 11:30 am
Last checked 19 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.

Learn More About 5400 W Kilgore Avenue

Presented By
Brandi Osborne
Brandi Osborne
(260) 278-7942
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Brandi Osborne about your request. Please see our Privacy Policy.