Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2400 W Mcgalliard Rd Muncie, IN 47304

    For Sale
    $595,000

    Commercial Land - Muncie, IN

    Lot size:
    1.10 Acres
    Days on Market:
    194
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 2400 W Mcgalliard Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    need rezone to BL Limited Business
    APN
    18-11-05-251-005.000-003
    Exterior features
    Storm Sewers, Street Lights
    Lot size
    1.10 Acres

    Taxes and HOA fees

    Expense value
    50
    Expense
    Other

    Building Details

    Architectural style
    Other

    Coldwell Banker Lunsford (765) 289-2228 [email protected]

    Listing agent Brian Allardt (765) 289-2228 License #RB14013784

    Listing date May 27, 2025

    MLS# 202519617 Listing URL

    Copyright © 2025 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Muncie Commercial Land Near University

    This 1.1-acre commercial land parcel is located on McGalliard Road in Muncie, Indiana, offering high visibility for both eastbound and westbound traffic. The property adjoins the Ball State Athletic Fields on its east side, presenting potential development opportunities for various uses. The zoning requires rezoning to BL Limited Business. The property includes additional parcel IDs: 181105251002000003, 181105251001000003, and 181105251006000003.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.4357
    Latitude
    40.2132

    Nearby Similar for Sale

    • $599,900
      Pending

      Remodeled Mixed-Use Building in Downtown

      Remodeled mixed-use building with commercial space and luxury apartment.
      114 S Walnut St, Muncie, IN 47305
      View Details
    • Contact for pricing
      0.62 Acres

      Fraternity/Sorority Housing Near Ball State

      Purpose-built student housing facility near Ball State University.
      1100 W Riverside Ave, Muncie, IN 47303
      View Details
    • $1,100,000
      Pending

      Downtown Muncie Office Opportunity

      Two buildings in revitalized downtown Muncie near amenities.
      110 E Charles St, Muncie, IN 47305
      View Details
    • $119,900
      0.15 Acres

      Muncie Duplex: Income Opportunity

      Income-producing duplex in Muncie with long-term tenants.
      2413 S Gharkey St, Muncie, IN 47302
      View Details
    • $129,900
      1,792 SF

      Updated Duplex in Muncie, IN

      Renovated duplex with modern updates, ideal for living or rental.
      2004 S Walnut St, Muncie, IN 47302
      View Details
    • $93,000
      Pending

      Muncie Duplex: Investment Opportunity

      Two homes on one parcel in high-demand Muncie rental area.
      2101 S Mulberry St, Muncie, IN 47302
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility near Ball State University.
    Where is this commercial land located?
    The property is located at 2400 W Mcgalliard Rd Muncie, IN.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Closest McGalliard lots to Ball State.; - Great visibility on McGalliard Road.; - Possible development parcel for various uses.
    (765) 289-2228
    Request Owner's contact information
    2400 W Mcgalliard Rd Muncie, IN 47304
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2400 W Mcgalliard Rd
    Muncie, IN 47304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2400 W Mcgalliard Rd Muncie, IN 47304
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.