Shop/Warehouse

Industrial for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30745859
Property Subtypes: Flex Space, Light Industrial, Self Storage, Other
Status: Pending/Contingent
Building Size (RSF): 3,600 SF
Gross Land Area: 26,000 SF
Sale Price: $175,000
Unit Price: $48.61 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/3/2021

Overview / Comments

The shop building is a block/steel structure with metal roof, gas radiant heat, 200 amp single phase electrical service and 7 Thermocore insulated overhead doors, (10' x 10'). The shop area also has a restroom and air lines (compressor is negotiable). The office area is heated (newer 96% efficient furnace per seller) and cooled and also has a restroom. There is additional storage in the main building as well.

The warehouse building is approximately 35' x 50'. The entire property is fenced and has a gravel lot. Lots 8, 9, and 10 (with shop bldg) are zoned Intense Industrial. Lots 11 and 12 are zoned R-4 (residence zone).

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $1,338 (Annual)
Tax Value Land $21,100
Tax Value Improvements $30,300
Assessed Value - Total($) $51,400 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-16-480-007.000-003
Zoning: INTENSE INDUSTRIAL AND R-4
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1960
Legal Description: WM HARRIS ADD AND VAC ALLEY ADJ 0.0000Acres STR: 162010 IN: 8-9-10-11-12 OUT:

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,166 60,560 88,438
Median Age: 34.84 33.94 36.23
Households: 5,974 23,274 35,014

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