Commercial Land with
For Sale
$450,000
705 E McGalliard Road, Muncie, IN 47303
COMMERCIAL, Muncie, IN
Property SizeContact for details
Lot Size0.75 Acres
Days on Market396
Property Features for 705 E McGalliard Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
BV and R3
Subdivision
Granville Park
Directions
Walnut to McGalliard east to the property
Standard status
Active
APN
18-11-03-178-005.000-003
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
24
Tax Description
Granville Park Addition Lots 37,36, 31 and 30 Parcel 4 ID#--18-11-03-178-011.000-003
Tax Annual Amount
7400
Legal Description
Granville Park Addition Lots 37,36, 31 and 30 Parcel 4 ID#--18-11-03-178-011.000-003
Building Details
Year built
1954
Flooring type
Tile, Vinyl, Carpet
Roof type
Asphalt
Listing Agency:
Coldwell Banker Real Estate Group
(765) 289-2228
Listed By:
Brian Allardt · License #RB14013784
(765) 808-1400
Added: Jul 30, 2025
Changed: Aug 26
Last Checked: Aug 29 at 6:06PM
MLS# 202529957
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial land offering spans approximately 0.75 acres across four lots at 705 E McGalliard Road in Muncie. The two McGalliard-facing parcels are vacant aside from an existing billboard, while the two rear lots along Dunn Ave each contain a residential rental property. The homes were built in 1954 and include tile, vinyl, and carpet flooring with asphalt roofs.
The property fronts McGalliard Road and is positioned across from Muncie Mall. Its configuration places commercial-facing land and residential improvements within one assemblage, with the rental interiors available for access during the due diligence period following acceptance of an offer.
The property fronts McGalliard Road and is positioned across from Muncie Mall. Its configuration places commercial-facing land and residential improvements within one assemblage, with the rental interiors available for access during the due diligence period following acceptance of an offer.
Key Highlights
- Approximately 0.75‑acre assemblage spanning 4 lots
- McGalliard Road frontage
- Two vacant frontage lots with an existing billboard
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - McGalliard Road frontage combines vacant commercial lots with two rear residential rental properties.
Where is this commercial land located?
The property is located at 705 E McGalliard Road Muncie, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 0.75‑acre assemblage spanning 4 lots; McGalliard Road frontage; Two vacant frontage lots with an existing billboard
