206 Ontario DrMuncie, IN 47303

  • Industrial properties
  • 1,476 SF
For Lease
$6/SF/YR View listing

Property Details for 206 Ontario Dr

Year built
1980
Construction
WOOD
Lot size
2.61 AC
Property size (Sq ft)
1,476 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
18-07-33-276-002.000-003
APU
180733276002000003

Description

This exceptional investment opportunity presents approximately 12,000 square feet of outdoor storage space situated within the established Bigger Garage Self Storage facility in Muncie, Indiana. Located in the convenient and secure north Muncie Airpark industrial park at 206 W Ontario Dr, Muncie, IN 47303, this single-tenant property offers immediate income potential. The land is currently utilized for outdoor storage, providing ample space for various uses. Currently available unit sizes include 10x10, 10x15, and 15x20, catering to a diverse range of storage needs. This property presents a unique opportunity for investors seeking a stable, income-generating asset in a desirable location. The existing infrastructure within the Bigger Garage Self Storage facility provides a secure and well-maintained environment. Furthermore, there exists potential for expansion, with the possibility of adding enclosed storage units to further enhance the property's value and rental income. This is a prime opportunity to acquire a well-positioned outdoor storage asset in a growing industrial area of Muncie. The property's location within the Airpark industrial park offers excellent accessibility and visibility. This land parcel provides a solid foundation for continued growth and profitability. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $251,293
    Hospitality
    $230,183
    Educational
    $191,509
    Medical
    $198,096
    Retail
    $297,903
206 Ontario Dr, Muncie, Indiana

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.229
Longitude
-85.3886
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
$16,654
$136,700
$317,300
$454,000
-
$136,700
$317,300
$454,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].