3224 Meeker AveMuncie, IN 47302

  • Industrial properties
  • 520 SF
For Sale
$97,000 View listing

Property Details for 3224 Meeker Ave

Year built
1994
Construction
TYPE NOT SPECIFIED
Lot size
3.88 AC
Property size (Sq ft)
520 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
18-11-23-451-037.000-003
APU
181123451037000003

Description

This exceptional 3.88-acre parcel of land, located at 3224 S Meeker Ave in Muncie, Indiana (zip code 47302), presents a unique opportunity for industrial development. Currently zoned for industrial use, this property boasts a significant advantage: a large portion of the site is already covered with concrete or asphalt, minimizing site preparation costs. The property's history as the former Duffy Tool and Stamping site provides a solid foundation for various industrial applications. The seller is actively completing environmental remediation in collaboration with the Indiana Department of Environmental Management (IDEM), ensuring a clean and compliant site for future development. This property is ideal for businesses seeking a ready-to-develop industrial space in a convenient Muncie location. Note that this is a separate sale from two adjacent parcels (a 6.6-acre intensely zoned industrial parcel and a 1.3-acre R2 zoned parcel) also available for purchase by the same owner. Each parcel can be purchased individually or as a package, subject to availability. The asking price for this specific 3.88-acre lot is $97,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $83,664
    Hospitality
    $76,636
    Educational
    $63,760
    Medical
    $65,953
    Retail
    $99,182
3224 Meeker Ave, Muncie, Indiana
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Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.1646
Longitude
-85.3572
CBSA code
34620
CBSA name
MUNCIE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,972
$16,900
$3,500
$20,400
-
$16,900
$3,500
$20,400

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