$195,000
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5400 W Kilgore Avenue Muncie, IN 47304
Land
Residence
Beds
Baths
Sq. Ft.
25.26
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 additio...nal 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.
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MLS#
202339955
Property Type
Land
Lot Size
25.26
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