Retail Storefront For
1000 W McGalliard Muncie, IN 47303
1000 W McGalliard, Muncie, IN, 47303
Contact for pricing
For Sale
Contact for pricing
Pending
Retail storefront property offered for sale with 872 total square feet.
Property Size872 SF
Days on Market2154
Property Features for 1000 W McGalliard
General Information
- Standard status
- Pending
- Size
- 872 SF
- Property subtype
- Retail, Mixed Use
Listing agency
ADM Commercial Real Estate
(765) 749-0665
Listed by
Mark Sturgis (765) 749-0665 · License #IN RB14034183
Source
Crexi
Added: Aug 29, 2020 Updated: Jul 22 at 1:06AM Checked: Jul 22 at 1:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADM Commercial Real Estate
Investment Insights
Based on property information with market context.
This listing offers a retail storefront property for sale. The space is presented as 872 square feet, providing a compact footprint suited to a small retail use.
The property is located at 1000 W McGalliard in Muncie, Indiana. For additional details on the property’s condition, configuration, and any included improvements, please contact the listing agent.
Transaction terms, zoning, and tenant use specifics are not provided in the available materials, so prospective buyers should verify details directly with the agent.
The property is located at 1000 W McGalliard in Muncie, Indiana. For additional details on the property’s condition, configuration, and any included improvements, please contact the listing agent.
Transaction terms, zoning, and tenant use specifics are not provided in the available materials, so prospective buyers should verify details directly with the agent.
Key Highlights
- Retail storefront property for sale with 872 total SF.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.8k | $24.96 |
| − Vacancy | −$958 | −$1.10 |
| EGI | $20.8k | $23.86 |
| − OpEx | −$6.2k | −$7.16 |
| NOI | $14.6k | $16.70 |
872 SF · lease $24.96/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$208.1K
$182.1K – $242.8K
NOI $14,565 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$612.6K
$536.0K – $714.7K
NOI $42,883 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Retail storefront property offered for sale with 872 total square feet.
Where is this storefront property located?
The property is located at 1000 W McGalliard Muncie, IN.
What is the asking price?
The asking price for this property is $318,000.
What are key features of this property?
This property features: Retail storefront property for sale with 872 total SF.
