Redevelopment Opportunity

Vacant Land for Sale
Also listed as Industrial, Multi-Family
Catylist Listing ID: 29981808
Property Subtypes: Industrial, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 1.89 Acres
Sale Price: $49,900
Unit Price: $26,402 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2017

Overview / Comments

This property consists of 1.89 acres located in Center township, Muncie, along a primary artery. There is currently a 7,300 SF structure on the property that could be used for warehouse, but property has had wiring and copper removed.

This is a large piece of property in the city limits and has potential for redevelopment for other uses.

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Attachments & Media

Financials

Finance Data Year 2016
Assessed Value - Total($) $86,100 (Annual)
Real Estate Taxes - Annual($) $3,385 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-16-388-009.000-003
Zoning: COMMUNITY BUSINESS
Legal Description: WINTON PLACE AND VAC ST ADJ 0.0000Acres STR: 162010 IN: 189-190-191-239-240-241-242-243-244-246 OUT:

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,461 59,341 89,141
Median Age: 33.68 33.38 36.07
Households: 4,406 22,757 35,319
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