3905 Walnut St Muncie, IN 47302
Property profile & analytics
3905 Walnut St Muncie, IN 47302
- Commercial real estate
- 1,855 SF
- 0.88 lot acres
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.
Location Intelligence
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
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
