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    1111 Seymour St Muncie, IN 47302

    Sponsored
    For Lease
    $5 SF/Yr

    15,500 SF Warehouse w/ Docks

    Lot size:
    15,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,500-square-foot industrial property in Muncie, Indiana, presents a fantastic opportunity for businesses seeking versatile warehouse or manufacturing space. Located at 1111 E Seymour St, 47302, this single-tenant building offers a blend of functionality and convenience. The property features three dock-high doors and one drive-in door, ensuring efficient loading and unloading operations. The warehouse boasts a 14-foot ceiling height, providing ample vertical space for storage or manufacturing processes. The interior includes four offices, restrooms, and ample exterior parking for employees and visitors. The building is heated, offering a comfortable working environment year-round. Its strategic location provides easy access to major transportation arteries. The Muncie Bypass offers seamless connectivity to Interstate 69, as well as convenient access to State Road 67 to the north, and State Roads 35 and 3 to the south. This prime location in East Central Indiana ensures excellent logistics and accessibility for regional and national distribution. The property is classified as Industrial, with subtypes including Distribution, Flex, and Warehouse, making it suitable for a wide range of industrial uses. This Delaware County property is a single-tenant building, offering a dedicated and private workspace. The property's combination of features and location makes it an ideal choice for businesses seeking a functional and strategically located industrial space.

    Property Features for 1111 Seymour St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,500 SF

    Unit(s) available at that property

    Space
    Size
    15,500 SF
    Rate per SF
    $5

    HighLights

    • 15,500 SF industrial building in Muncie, IN, at 1111 E Seymour St, 47302.
    • Features three dock‑high doors and one drive‑in door, plus 14‑foot ceilings.
    • Includes four offices, restrooms, and ample parking.
    • Heated building with sprinkler system and newer warehouse heaters.
    • Excellent location with easy access to I‑69 via the Muncie Bypass, and State Roads 67, 35, and 3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sarina Paper Wholesaler Hardesty Moving & Storage ... Moving And Storage Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3741573
    Latitude
    40.1892911

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    FAQs

    What type of property is this?
    Distribution property - 15,500 SF Warehouse w/ Docks
    Where is this distribution property located?
    The property is located at 1111 Seymour St Muncie, IN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 15,500 SF industrial building in Muncie, IN, at 1111 E Seymour St, 47302.; Features three dock-high doors and one drive-in door, plus 14-foot ceilings.; Includes four offices, restrooms, and ample parking.
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    Muncie, IN 47302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1111 Seymour St Muncie, IN 47302
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