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Property profile & analytics
OFF-MARKET
Banks
2700 Jackson St Muncie, IN 47303-4635
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-2343299
Property summary
AI-generated overview
This exceptional 3,265 square foot commercial building, built in 1990, is located at 2700 W Jackson St, Muncie, Indiana, in Delaware County (zip code 47303). The property sits on a 0.62-acre lot and features one single-story building. Boasting 100 feet of prime frontage on West Jackson Street, this high-visibility location ensures maximum exposure for your business. The property includes a drive-through capability, perfect for service-oriented businesses, and a paved off-street parking lot with 33 dedicated spaces. Its strategic location near Ball Memorial Hospital, restaurants, and other retail stores guarantees high foot traffic and accessibility. Previously an Old National Bank, this versatile space is zoned for a variety of commercial activities, making it ideal for professional offices, medical facilities, retail establishments, or restaurants. The property's APN is 18-11-08-386-015.000-003. This is a prime opportunity to own a well-situated commercial property in a high-demand area of West Muncie. The asking price is $499,900.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1954
Construction
WOOD
Total area
3,265 SF
Lot
0.62 ac (26,810 SF)
APN
18-11-08-386-015.000-003
UPID
US31-2343299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Jitterbug Kiss Department Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Csp Delaware LLC · 5 yrs held
Csp Delaware LLC
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Muncie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Muncie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$35,869
Tax year 2023
Assessed value
$701,200
Assessed 2023
Previous assessed
$701,200
+0.0% YoY
Effective rate
5.12%
On assessed value
Assessed land
$268,100
Assessed improvement
$433,100
Land market value
$268,100
Improvement market value
$433,100
Total market value
$701,200
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,265 SF
Lot
0.62 ac (26,810 SF)
APN
18-11-08-386-015.000-003
UPID
US31-2343299
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Csp Delaware LLC
Entity
Free & Clear · 5 yrs held
Mailing address
49 WILDERNESS DR, STONY POINT, NY 10980-3447
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2021
$700,000
Csp Delaware LLC
Onb 36 LLC
Warranty Deed
—
Nov 14, 2008
$1,513,748
Tenan Onb 36 LLC
Onb Site 36 Landlord LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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