Shop & Office McGalliard and Bypass
Industrial
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30840205 |
| Property Subtypes: |
Flex Space, Free-Standing, Light Industrial, Office Showroom, Warehouse/Distribution
|
| Building Size (RSF): |
7,100 SF
|
| Gross Land Area: |
1.12 Acres
|
| Sale Price: |
$360,000 |
| Unit Price: |
$50.70 PSF |
| Ceiling: |
16 ft. |
| Docks/Doors: |
2 Doors |
| Office SF: |
1,500 SF |
| Drive In Bays: |
2 Bays |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Advanced Signs and Graphics |
| Usable Size (USF): |
7,100 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/2/2023 |
Overview / Comments
|
Well maintained 7100 sq ft steel building with two 16'x 14' overhead doors. This building is situated on 1.8 acres that includes a storage yard. 5000 sq ft on ground level and 2100 sq ft on second level. 2 offices, sales counter, production areas and garage area for vehicle storage/maintenance. Great visibility on McGalliard Road and the Muncie Bypass. Pylon and wall sign. Billboard on the property produces additional lease income. Additional 2 acre parcel to the south available. Advanced Signs and Graphics is consolidating to one location, possession date is negotiable.
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$3,572 (Annual) |
| Tax Value Land |
$55,900 |
| Tax Value Improvements |
$63,200 |
| Assessed Value - Total($) |
$119,100 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$3,771 (Annual) |
| Tax Value Land |
$44,700 |
| Tax Value Improvements |
$81,000 |
| Assessed Value - Total($) |
$125,700 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$5,144 (Annual) |
| Tax Value Land |
$36,100 |
| Tax Value Improvements |
$135,400 |
| Assessed Value - Total($) |
$171,500 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$5,268 (Annual) |
| Tax Value Land |
$36,100 |
| Tax Value Improvements |
$139,500 |
| Assessed Value - Total($) |
$175,600 (Annual) |
Additional Details
| Nearest MSA: |
Muncie |
| County: |
Delaware |
| Tax ID/APN: |
18-11-01-100-021.000-034 |
| Zoning: |
BV VARIETY BUSINESS |
| Highway Access: |
Property is at the SW Quadrant of SR 3/67 and US 35 (Muncie Bypass) and McGalliard Rd |
| Airports: |
4 miles to Muncie Airport |
| Site Description: |
1.8Acres +/- additional 2+/- Acres available |
| Area Description: |
Great visibility and access, area businesses include Tractor Supply, Selking International Trucks, Norrick Petroleum, Indiana Oxygen, Goodyear/Greens Fork Alignment |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
5,000 SF |
| Property Condition: |
Good |
| Year Built: |
1990 |
| Roof Type: |
Gable |
| Construction/Siding: |
Steel Frame |
| Exterior Description: |
Steel Building with 2 large overhead doors |
| Parking Type: |
Surface |
| Parking Description: |
Asphalt and Gravel |
| Total Parking Spaces: |
20 |
| Column Spacing: |
na |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas, Space Heaters |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Lighting: |
Fluorescent |
| Interior Description: |
Large shop area and production space, second floor production space and storage, 2 private offices. |
| Zoning Description: |
BV Variety Business |
| Lot Frontage: |
530 |
| Lot Depth: |
150 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
| Easements Description: |
Gas Pipeline easement along western edge (rear) |
| Legal Description: |
PT FRAC NW QTR 1.1160Acres STR: 012010 IN: OUT:
Plus a .8 acre +/- |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,311 |
29,485 |
80,963 |
| Median Age: |
39.86 |
35.62 |
35.46 |
| Households: |
1,011 |
12,313 |
31,837 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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