5400 W Kilgore Avenue
$195,000
5400 W Kilgore Avenue Muncie, IN 47304
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About this listing
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.
Yorktown Community Schools
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Lot Area
1,100,326 sqft
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MLS ID
202339955
DESCRIPTION
- • Annual Tax: $ 12600.0
