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    1210 Seymour St Muncie, IN 47302

    Sponsored
    For Lease
    $1.00 SF/Yr

    Flexible Warehouse/Manufacturing Space

    Lot size:
    350,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive industrial property in Muncie, Indiana, offers a variety of flexible spaces ideal for manufacturing or warehousing operations. The 350,000 square foot building sits on an 8-acre lot and features multiple suites, currently offering three available spaces ranging from 27,500 to 47,000 square feet. Ceiling heights vary from 13 to 23 feet, accommodating diverse operational needs. The property boasts ample loading capabilities with a total of three loading docks and one drive-in door across the available spaces. Additional features include extensive truck staging areas, lighted parking, and a well-maintained building exterior. The building's roof is constructed of commercial-grade built-up and metal roofing. One available space (27,500 sq ft) features 23-foot ceilings, three dock doors, and a large drive-in door, and will be available October 2024. Another (47,000 sq ft) offers 16-foot ceilings, one interior dock, and three drive-in doors, available April 1, 2024, and is divisible into smaller units. The property's location within Muncie's downtown Industrial Center provides excellent access to transportation and infrastructure. The lease rate is $3.00 per square foot per year, net-net. Additional smaller spaces are also available for lease in separate buildings on the property.

    Property Features for 1210 Seymour St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    350,000 SF
    Total Rate
    29166.67

    Unit(s) available at that property

    Space
    Space J 1106 E Seymour 2nd Level
    Size
    25,000 SF
    Rate per SF
    $3
    Space
    Space G 401 S Blaine St
    Size
    47,000 SF
    Rate per SF
    $4
    Space
    1210 Rear
    Size
    27,500 SF
    Rate per SF
    $5

    HighLights

    • 350,000 SF industrial building on 8 acres in Muncie, IN, ideal for manufacturing or warehousing.
    • Multiple suites available, ranging from 27,500 to 47,000 SF.
    • Ceiling heights from 13' to 23'; three loading docks and one drive‑in door across available spaces.
    • Ample truck staging, lighted parking, and a well‑maintained exterior.
    • $3.00/SF/year net‑net lease rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    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
    -85.375006910654
    Latitude
    40.189358363937

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    FAQs

    What type of property is this?
    Distribution property - Flexible Warehouse/Manufacturing Space
    Where is this distribution property located?
    The property is located at 1210 Seymour St Muncie, IN.
    What is the lease rate?
    The lease rate is $3-$5 SF/Yr.
    What are key features of this property?
    This property features: 350,000 SF industrial building on 8 acres in Muncie, IN, ideal for manufacturing or warehousing.; Multiple suites available, ranging from 27,500 to 47,000 SF.; Ceiling heights from 13' to 23'; three loading docks and one drive-in door across available spaces.
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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
    1210 Seymour St Muncie, IN 47302
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