5400 W Kilgore Avenue, Muncie, Indiana

$195,000

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1,089,000

Square feet

25.26

Acres

About 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.

Features of 5400 W Kilgore Avenue

MLS® # 202339955
Price $195,000
Square Footage 1,089,000
Acres 25.26
Type Lots and Land
Sub-Type Industrial Land
Status Active

Community Information

Address 5400 W Kilgore Avenue
Subdivision None
City Muncie
County Delaware County
State Indiana
Zip Code 47304

Amenities

Is Waterfront No

Exterior

Lot Description Other

School Information

District Yorktown Community Schools
Elementary Pleasant View (K-2) Yorktown (3-5)
Middle Yorktown
High Yorktown

Additional Information

Days on Market 176
Foreclosure No
RE / Bank Owned No
HOA Fees 0.00
HOA Fees Freq. Not Applicable

Listing Details

AgentJacob Wagner
OfficeColdwell Banker Real Estate Group
Contact InfoAgent: 317-448-8852

Listing Map

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