25.3 Acres of Land for Sale in Muncie, Indiana
5400 W Kilgore Ave, Muncie, IN 47304
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
Property details
- County
- Delaware County
- School District
- Yorktown Community Schools
- Zoning
- Intense Industrial
- Elevation
- 945 feet
- MLS Number
- MEIN 202339955
- Date Listed
Legal description
PT SE QTR 25.2600Acres STR: 132009 IN: OUT:
Parcels
- 18-10-13-401-002.000-016
Detailed attributes
Listing
- Type
- Lots And Land
- Franchise
- Coldwell Banker Real Estate
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Pleasant View (K-2) Yorktown (3-5) | Elementary | Yorktown Community Schools | — |
Yorktown | Middle | Yorktown Community Schools | — |
Yorktown | High | Yorktown Community Schools | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 31, 2023 | New listing | $195,000 | — | MEIN |