Property summary
This exceptional investment opportunity presents a two-building industrial property located at 3008 N Walnut St, Muncie, Indiana, 47303. The property encompasses a total of 17,225 square feet situated on a 3.43-acre lot (APN: 18-11-03-151-059.000-003). Currently operating at 100% occupancy, this single-tenancy property offers a compelling return. The property is zoned for Variety Business & Intense Industrial use, providing flexibility for a range of potential uses. The complex comprises two single-story buildings. The front building, ideal for contractor retail use, offers 7,200 square feet of space. The rear building, currently utilized as a parts warehouse, provides an additional 10,025 square feet. This property is an excellent choice for investors seeking a stable, high-occupancy industrial asset in a desirable location. The asking price is $699,900, translating to a price per square foot of $40.63. This property offers a unique blend of retail and warehouse space, making it a versatile and attractive investment opportunity. The Delaware County location provides easy access to major transportation routes, further enhancing its appeal. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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