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1309 S Nebo Rd 6,200 SF Retail Building Muncie, IN 47304 $449,900 ($72.56/SF)
Investment Highlights
- 6,200 SF building on 1.16-acre lot
- Gas heat, city sewer, and water available
- Convenient access to SR 332/Kilgore
- Zoned C1 for flexible uses
- New roof scheduled for 2025 ($38,000)
- Clean, well-maintained property
Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,200 SF
Building Class
C
Year Built/Renovated
1960/1990
Price
$449,900
Price Per SF
$72.56
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.16 AC
Zoning
C1 - Commercial
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 18-10-14-429-027.000-017 | Improvements Assessment | $71,900 |
| Land Assessment | $49,300 | Total Assessment | $121,200 |
Property Taxes
Parcel Number
18-10-14-429-027.000-017
Land Assessment
$49,300
Improvements Assessment
$71,900
Total Assessment
$121,200
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1309 S Nebo Rd
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