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    4501 North Superior Dr Muncie, IN 47303

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    For Sale
    $4,500,000

    Well-maintained, furnished property with industrial/warehouse conversion potential.

    Building Details

    Year built
    1999

    Source: Sam Smith, CCIM, SIOR, SLCR, MCR.w Agent Sam Smith, CCIM, SIOR, SLCR, MCR.w

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Furnished Muncie Property with Conversion Potential

    This well-maintained, fully furnished property, formerly a call center, is in pristine condition and offers excellent potential for industrial or warehouse conversion. The layout includes numerous private offices, multiple training rooms and conference rooms, a fitness center with locker rooms, and a full cafeteria/kitchen with an attached outdoor patio/pergola area. The property features a Carlisle Golden Seal Total Roofing System and a landscaped exterior with an Ultraclean 688-space parking field. It is in move-in ready condition with adaptable use potential. A public transit bus stop shelter (MITS Route 6: North Walnut) is located on-site. The property is located 1.3 miles from Delaware County Regional Airport and on the 62-mile Cardinal Greenways Trail. HVAC units include 1 x 50 ton and 1 x 15 ton. It has 1 drive-in door with the potential to add docks. The property is expandable with an adjacent 6.83 AC lot owned by Muncie-Delaware Co. EDC, which will support any business locating or expanding to the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Navient Call Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3954251
    Latitude
    40.2294977

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    FAQs

    What type of property is this?
    Office building - Well-maintained, furnished property with industrial/warehouse conversion potential.
    Where is this office building located?
    The property is located at 4501 North Superior Dr Muncie, IN.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Adaptable use potential with excellent industrial/warehouse conversion potential.; - Move-in ready condition as a fully furnished former call center.; - Expandable with adjacent lot owned by Muncie-Delaware Co. EDC.
    (317) 345-5616
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    4501 North Superior Dr Muncie, IN 47303
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    Muncie, IN 47303
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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

    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
    4501 North Superior Dr Muncie, IN 47303
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