Remarks

This exceptional 25-acre parcel presents an outstanding development opportunity, prominently situated along State Road 32W, a prominent thoroughfare in the western Muncie area. The property boasts a diverse layout, featuring approximately 5 acres of well-maintained paved space, along with an additional 7 acres of fertile tillable land. The front section is securely fenced, while the rear part includes a specialized treatment facility and three retention/settling ponds thoughtfully designed along the White River. Notably, the front half of this property is currently under lease to AEP for three years, generating a steady annual income of $30,000, paid in full at beginning of new lease year. The details of this lease agreement will be made available upon acceptance of a purchase agreement.

Details

MLS#: 202339955
Price: $195,000

Style: Industrial Land

County: Delaware County
Subdivision: None
Lot Size: Irregular
Tax Fee: 12600

School Elementary: Pleasant View K-2 Yorktown 3-5
School Middle: Yorktown
School High: Yorktown
School District: Yorktown Community Schools