1309 S Nebo Rd - Freestanding FOR SALE


Muncie, IN 47304- North Muncie
$449,900 USD
765-749-0665
1309 S Nebo Rd, Muncie, IN for Sale
$449,900 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

1309 S Nebo Rd
Muncie, IN 47304
North Muncie


HIGHLIGHTS

  • 6,200 SF building on 1.16-acre lot
  • Zoned C1 for flexible uses
  • Gas heat, city sewer, and water available
  • New roof scheduled for 2025 ($38,000)
  • Convenient access to SR 332/Kilgore
  • Clean, well-maintained property

OVERVIEW

This industrial/retail property offers a versatile building on a 1.16-acre lot in Muncie, Indiana. With a total size of 6,200 square feet, the facility is well-suited for light manufacturing, storage, or retail operations. The property features gas heating, city sewer access, and city water availability, currently serviced by a well. A new roof installation is scheduled for 2025, representing a $38,000 investment in upkeep and longevity. The site is zoned C1, providing flexibility for a range of commercial uses. Located near SR 332/Kilgore, the property benefits from convenient access to major roadways, supporting distribution and customer traffic. Real estate taxes are $3,158.06 annually (payable in 2025). This clean, well-maintained building offers a strong foundation for businesses seeking operational efficiency and long-term value.

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

C1

APN/PARCEL ID

18-10-14-429-027.000-017

ASK ABOUT THIS PROPERTY

Mark SturgisADM Commercial PropertiesMore Info
765-749-0665

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Mark SturgisADM Commercial PropertiesMore Info
765-749-0665

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.