1309 Nebo RdMuncie, IN 47304

  • Commercial real estate
  • 6,200 SF
For Sale
$595,000 View listing

Property Details for 1309 Nebo Rd

Year built
1960
Construction
WOOD
Lot size
1.16 AC
Property size (Sq ft)
6,200 SF
Property type
Commercial real estate
APN
18-10-14-429-027.000-017
APU
181014429027000017

Description

This exceptional commercial property, situated at 1309 S Nebo Road in Muncie, Indiana, presents a compelling investment opportunity. The 6200 square foot concrete block building boasts a highly desirable location on Nebo Road at State Road 32, offering excellent visibility and accessibility. The property encompasses a generous 1.16 acres of land, providing ample space for expansion or future development. The building's previous use as a print shop is reflected in its layout, featuring a small office area and dedicated production spaces, including two overhead doors for convenient loading and unloading. This versatile space offers significant potential for a variety of commercial uses. The property's strategic location allows for potential assemblage with an adjacent parcel, opening up exciting redevelopment possibilities. While a portion of the grassy area extending west to the church parking lot has building restrictions, this space can still be effectively utilized for outdoor activities, parking, or other non-structural purposes. The asking price for this exceptional property is $595,000. This is a rare opportunity to acquire a substantial commercial property in a prime location with significant upside potential.

1309 Nebo Rd, Muncie, Indiana

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.1818
Longitude
-85.4624
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
$3,111
$49,300
$58,000
$107,300
-
$49,300
$58,000
$107,300

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