3600 Chandler DrMuncie, IN 47302

  • Land
  • 1.30 AC
For Lease
$10/SF/YR View listing

Property Details for 3600 Chandler Dr

Lot size
1.30 AC
Property type
Land
Property subtype
Commercial land
APN
18-11-26-151-019.000-003
APU
181126151019000003

Description

This exceptional 16,800 square foot retail strip center, known as the Shoppes at Southside, presents a unique investment opportunity in Muncie, Indiana. Located at 3600 Chandler Drive, 47302, this property boasts a highly visible location and ample parking. The entire 16,800 square feet is currently vacant, offering a blank canvas for a single tenant or the potential for multiple occupants. The flexible layout allows for divisibility in 1,200 square foot increments, catering to a range of business needs. A maximum of 6,000 contiguous square feet is available for larger tenants. The property sits on a generous 4.31-acre lot, zoned BV- VARIETY BUSINESS (APN: 18-11-26-151-012.000-003, Delaware County). A significant advantage is the availability of a drive-thru opportunity situated at the north end of the building, ideal for businesses requiring convenient customer access. This property offers high visibility and accessibility, making it an attractive location for a variety of retail businesses. The building's size and layout provide flexibility for customization to suit specific tenant requirements. This is a rare opportunity to secure a substantial retail space in a desirable Muncie location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,601,256
    Hospitality
    $7,878,704
    Educational
    $6,554,989
    Medical
    $6,780,426
    Retail
    $10,196,650
3600 Chandler Dr, Muncie, Indiana

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.1597
Longitude
-85.3666
CBSA code
34620
CBSA name
MUNCIE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$75
$2,500
-
$2,500
-
$2,500
-
$2,500

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