Multi-Tenant Industrial
New
For Sale
$650,000
7200 SR 3 N Road, Muncie, IN 47303
COMMERCIAL, Muncie, IN
Property SizeContact for details
Lot Size2.38 Acres
Days on Market6
Property Features for 7200 SR 3 N Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial
Parking features
Off Street
Directions
Royerton road to SR 3 south to property on the east side
Subdivision
Delaware County
Standard status
Active
APN
18-07-23-300-002.000-006
Lot size
2.38 Acres
Taxes and HOA fees
Tax Year
25
Tax Description
S 1/2 SW 1/4 2.3800Acres STR: 232110
Tax Annual Amount
3324
Legal Description
S 1/2 SW 1/4 2.3800Acres STR: 232110
Utilities
Cooling system
Central Air
Building Details
Year built
1972
Flooring type
Tile
Roof type
Rubber, Asphalt
Listing Agency:
Coldwell Banker Real Estate Group
(765) 289-2228
Listed By:
Brian Allardt · License #RB14013784
(765) 808-1400
Added: Aug 17
Changed: Aug 19
Last Checked: Aug 22 at 7:06PM
MLS# 202633706
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This industrial warehouse property includes two leased spaces totaling 15,600 square feet: a 10,000-square-foot bakery operation and a 5,600-square-foot Overhead Door facility. The leases extend through 1-31-30 and 12-31-27, respectively, with scheduled rent increases for the bakery lease on 2-1-27 and 2-1-28. The building was constructed in 1972 and features central air, tile flooring, off-street parking, and rubber and asphalt roofing.
Positioned along State Road 3, the property is zoned II Intense Industrial. The 2.38-acre parcel is improved on less than half its area, leaving substantial open ground for a future building addition or outdoor storage use.
Positioned along State Road 3, the property is zoned II Intense Industrial. The 2.38-acre parcel is improved on less than half its area, leaving substantial open ground for a future building addition or outdoor storage use.
Key Highlights
- Two leased industrial spaces total 15,600 square feet
- 10,000‑square‑foot bakery lease runs through 1‑31‑30
- 5,600‑square‑foot Overhead Door lease runs through 12‑31‑27
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Leased industrial property with additional land for building expansion or outdoor storage.
Where is this warehouse located?
The property is located at 7200 SR 3 N Road Muncie, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two leased industrial spaces total 15,600 square feet; 10,000‑square‑foot bakery lease runs through 1‑31‑30; 5,600‑square‑foot Overhead Door lease runs through 12‑31‑27
