3000 White River BlvdMuncie, IN 47304

  • Office properties
  • 6,000 SF
For Sale

Property Details for 3000 White River Blvd

Year built
2009
Construction
WOOD
Lot size
0.70 AC
Property size (Sq ft)
6,000 SF
Property type
Office properties
Property subtype
Other office properties
APN
18-11-17-158-030.000-003
APU
181117158030000003

Description

This exceptional commercial property, located at 3000 W White River Blvd in Muncie, Indiana, offers a rare opportunity for businesses seeking executive office space. The building, totaling 6,025 square feet, features a retail and office layout with multiple tenancies. Currently, there are two available spaces, each ranging from 1,362 to 1,400 contiguous square feet. A significant 2,762 square feet of vacant space is ready for immediate occupancy, providing flexibility for businesses of various sizes. The property's location in Delaware County offers convenient access to key transportation routes and amenities. This is an ideal setting for companies seeking a professional and well-maintained workspace. The minimum divisible space is 1,362 square feet, ensuring suitability for a range of business needs. The maximum contiguous space available is 1,400 square feet, perfect for businesses requiring a single, larger office suite. This property presents a unique chance to establish a presence in a thriving Muncie business community. The address is 3000 W White River Blvd, Muncie, IN 47304. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $746,868
    6.5%
    $689,417
    7%
    $640,173
  • Comparable approach

    Method
    Valuation
    Relative Method
    $745,140
    Geo Method
    $745,140
  • Alternative Use

    Use
    Valuation
    Residential
    $854,877
    Hospitality
    $783,062
    Educational
    $651,499
    Medical
    $673,905
    Retail
    $1,013,443
3000 White River Blvd, Muncie, Indiana

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.1859
Longitude
-85.4214
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
$21,423
$306,200
$386,300
$692,500
-
$306,200
$386,300
$692,500

FAQs

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