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    N Morrison Rd Muncie, IN 47304

    For Sale
    $375,000

    Commercial Land - Muncie, IN

    Lot size:
    3.68 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for N Morrison Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    18-06-36-426-017.000-041
    Lot size
    3.68 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Jacob Wagner (765) 289-2228 License #RB23000239

    Listing date Sep 29, 2025

    MLS# 202539371 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 Available

    Available are two parcels of land located on North Morrison Ave in Muncie, Indiana. The combined area of both parcels is 3.68 acres, with each parcel individually measuring 1.84 acres. The zoning is Business variety, making the land suitable for development of various business types. The location is within minutes of major retail areas, medical offices, and hotels. The parcels are priced separately but can be purchased together. The property is located in Delaware County and has a postal code of 47304.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.444339329354
    Latitude
    40.23139634709

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    FAQs

    What type of property is this?
    Land - Two parcels of land totaling 3.68 acres in Muncie, IN.
    Where is this land located?
    The property is located at N Morrison Rd Muncie, IN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime location on North Morrison Ave, offering high visibility and accessibility.; - Total of 3.68 acres available, providing ample space for development.; - Zoned Business variety, suitable for a wide range of business types.
    (765) 289-2228
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    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

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    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
    N Morrison Rd Muncie, IN 47304
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