$195,000
Active
49 Days Online
0 Beds0 Baths0 SQFT
Active

5400 W Kilgore Avenue Muncie, IN 47304

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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.

  • Property TypeLand
  • NeighborhoodN/A
  • CountyDelaware
  • Taxes$12,600
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusActive
  • MLS ID Number202339955
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size25.26 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Schools

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

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Monthly Payment (Est.)

$947
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