206 W Ontario Dr, Muncie, IN 47303
For Lease
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This exceptional investment opportunity presents approximately 12,000 square feet of outdoor storage space situated within the established Bigger Garage Self Storage facility in Muncie, Indiana. Located in the convenient and secure north Muncie Airpark industrial park at 206 W Ontario Dr, Muncie, IN 47303, this single-tenant property offers immediate income potential. The land is currently utilized for outdoor storage, providing ample space for various uses. Currently available unit sizes include 10x10, 10x15, and 15x20, catering to a diverse range of storage needs. This property presents a unique opportunity for investors seeking a stable, income-generating asset in a desirable location. The existing infrastructure within the Bigger Garage Self Storage facility provides a secure and well-maintained environment. Furthermore, there exists potential for expansion, with the possibility of adding enclosed storage units to further enhance the property's value and rental income. This is a prime opportunity to acquire a well-positioned outdoor storage asset in a growing industrial area of Muncie. The property's location within the Airpark industrial park offers excellent accessibility and visibility. This land parcel provides a solid foundation for continued growth and profitability. Serious inquiries are encouraged.
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Shelter Insurance - Katy Combs Insurance Agency
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Bigger Garage Self-Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.