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Property profile & analytics

3905 Walnut St Muncie, IN 47302

  • Commercial real estate
  • 1,855 SF
  • 0.88 lot acres
For Sale
Last Sale
Sep 23, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-2106412
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 3905 Walnut St

Year built
1964
Construction
WOOD
Lot size
0.88 lot acres
Property size
1,855 SF
Property type
Commercial real estate
APN
18-11-27-151-021.000-003
APU
181127151021000003

Description

This exceptional commercial property, located at 3905 S Walnut Street in Muncie, Indiana, presents a unique investment opportunity. The 0.88-acre lot features two substantial pole barns, offering significant versatility for a variety of commercial uses. One of these barns holds historical significance as the first Farm Bureau Co-Op pole barn constructed in Delaware County. Both barns benefit from existing electrical service. Conveniently located, gas and sewer utilities are available between the structures, simplifying potential development or expansion plans. One of the barns boasts a recently installed new roof, ensuring long-term durability and reduced maintenance costs. A significant advantage is the presence of a cement floor in one barn, along with the groundwork already laid for a bathroom. While a gas furnace is present in this barn, it is currently unconnected to the gas line. It's important to note that sewer connections are currently established in only one of the buildings. This property offers substantial potential for entrepreneurs seeking a flexible and historically significant commercial space. The combination of existing infrastructure, ample land, and convenient utility access makes this an attractive proposition for a wide range of commercial ventures. The property's location in Muncie, Indiana, provides easy access to local amenities and transportation routes. This is a rare opportunity to acquire a well-situated commercial property with considerable potential for growth and development.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Muncie
County
Delaware
State
Indiana
Longitude
-85.3842
Latitude
40.1573
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
$1,360
$18,400
$15,800
$34,200
-
$18,400
$15,800
$34,200
More about this property
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