1300 Gilman AveMuncie, IN 47302

  • Other commercial real estate
  • 0.64 AC
For Lease
$7/SF/YR View listing

Property Details for 1300 Gilman Ave

Year built
1978
Lot size
0.64 AC
Property type
Other commercial real estate
APN
18-11-17-404-006.000-003
APU
181117404006000003

Description

This exceptional 6,175-square-foot industrial flex space, located at 1300 S Gilman Ave in Muncie, Indiana, presents a unique opportunity. Situated on a substantial 17,640-acre lot, this single-tenant building boasts a single story with a generous 12-foot ceiling height. Built in 1948 and extensively renovated in 2023, the property offers modern amenities alongside its industrial character. The recent renovations include updated offices, a break room, and restrooms, ensuring a comfortable and functional workspace. The property features a fenced yard ideal for secure outside storage, a valuable 2-ton crane for material handling, and robust 400 amp 240V 3-phase power. The building is climate-controlled, offering both heating and cooling for year-round comfort. One drive-in door provides convenient access. The property is zoned for intense industrial use, offering flexibility for a variety of businesses. Property taxes are $0.29 per square foot. The APN is 18-11-17-405-003.000-003. This property is ideally suited for light manufacturing, warehousing, or other flex-space operations. Don't miss this chance to secure a well-maintained, versatile industrial space in a prime Muncie location. The zip code is 47302.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,975,170
    Hospitality
    $3,641,235
    Educational
    $3,029,465
    Medical
    $3,133,652
    Retail
    $4,712,500
1300 Gilman Ave, Muncie, Indiana

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.1832
Longitude
-85.4138
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
$81
$1,300
$1,400
$2,700
-
$1,300
$1,400
$2,700

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