Listing Agency: The Zacher Company Show Phone

Listed By: Steven Zacher · License #IN RB14014906

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:57PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Zacher Company

Investment Insights

Based on property information with market context.

This fenced industrial land parcel was formerly used as a lumber yard. The property is currently configured as a secured outdoor site suited to industrial storage or yard-related uses.

An active Norfolk & Southern line runs adjacent to the property, and rail service is potentially available, according to the remarks provided.

The site’s fenced layout supports controlled access for ongoing yard operations.

Key Highlights

• Former lumber yard site with a fenced lot
• Adjacent to an active Norfolk & Southern line; rail service potentially available
• Rail line is adjacent to the property

Property Analytics

Property Profile

Current Use

The Yard Business Park ecoREHAB Charitable Organization

Suggested Use

Top Pick Dental Office Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

1,205

Businesses Nearby

Explore this area Business Placement

Demographics for 47305, IN

3,629

Population

2,512

Households

1.4

Avg Household Size

37

Median Age

18%

College-Educated

81%

High-School Grad

1.3 sq mi

ZIP Area

2,792

Density / Sq Mi

$33,125

Median Household Income

$30,648

Median Earnings

$744

Median Rent

$77,300

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Historic Office Building with Parking

607 E Charles Street, Muncie, IN 47305

$178,000

4,170 SF

View details

Multi-Tenant Office/Industrial Building

404 W Air Park Drive, Muncie, IN 47303

$895,000

12,250 SF

View details

Flex Office Warehouse Property

322 N Walnut Street, Muncie, IN 47305

$325,000

5,208 SF

View details

Leased Multifamily Investment Home

512 S Talley Avenue, Muncie, IN 47303

$114,900

1,191 SF

View details

Three-Story Nine-Tenant Office Building

400 N High Street, Muncie, IN 47305

$3,900,000

2.16 Acres

View details

Duplex with Recent Renovations

216 S Dill Street, Muncie, IN 47303

$139,900

1,440 SF

View details

Drive-Through Storefront Building

4801 N Wheeling Avenue, Muncie, IN 47304

$395,000

0.55 Acres

View details

Three-Unit Triplex with Leased Units

708 W Jackson Street, Muncie, IN 47305

$110,000

2,700 SF

View details

Two-Home Multifamily Property

1307 S Ebright Street, Muncie, IN 47302

$120,000

1,040 SF

View details

Turnkey Single-Family Rental Portfolio

3114 W Devon Road, Muncie, IN 47304

$415,000

5,982 SF

View details

Downtown Office Building with Parking

225 N High Street, Muncie, IN 47305

$945,000

0.63 Acres

View details

Brick Downtown Office Building

400 W Jackson Street, Muncie, IN 47305

$279,000

0.21 Acres

View details

Frequently Asked Questions

What type of property is this?

Industrial land - Fenced former lumber yard site with adjacent active Norfolk & Southern rail line.

Where is this industrial land located?

The property is located at 723 S Council St Muncie, IN.

What are key features of this property?

This property features: Former lumber yard site with a fenced lot; Adjacent to an active Norfolk & Southern line; rail service potentially available; Rail line is adjacent to the property