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13484721

5400 W Kilgore Ave, Muncie, IN 47304

JW
IN IN RB23000239
Coldwell Banker Commercial Lunsford Real Estate
Listed by Coldwell Banker Commercial Lunsford Real Estate
$195,000
971 days on market
Updated 60 days ago

5400 W Kilgore Ave

Details
APN 18-10-13-401-002.000-016
Property Type Land
Sub Type Commercial, Industrial
Acreage 25.260
Zoning Intense Industrial

Industrial Zoned Land

Marketing description

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.

Investment highlights

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.

Listing Contacts

JW
IN IN RB23000239
Coldwell Banker Commercial Lunsford Real Estate
Listed by Coldwell Banker Commercial Lunsford Real Estate

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Map

Zoning

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II IndustrialIntense Industrial Zone
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jacob Wagner
License
IN RB23000239
Brokerage
Coldwell Banker Commercial Real Estate Group
Brokerage Phone
7652892228
Title
Commercial Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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