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    309 N High St Muncie, IN 47305

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    For Lease
    $20 SF/Yr ($9,000 /Mo)

    New mixed-use development with retail and residential units.

    Property size:
    5,400 SF
    Lot size:
    1.92 Acres

    Property Features for 309 N High St

    General Information

    Size
    5,400 SF
    Lot size
    1.92 Acres

    Source: WS Property Group Agent Debi O'Heran

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

    Overview

    Mixed-Use Development Retail Space

    Highpoint Station is a new mixed-use development situated on the northern border of downtown Muncie, in the city’s main business district. The project, encompassing approximately 71,700 gross square feet, is bordered by North High Street to the east, North Franklin Street to the west, and North Gilbert Street to the south. The development will include 54 market-rate residential units, offering a mix of one- and two-bedroom apartments. The four-story building will feature three levels of residential units above a ground floor. The ground floor comprises approximately 15,700 net square feet, of which 5,400 square feet is available for commercial tenant space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Associates In Mental Health Alcoholism Treatment Program

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3877729
    Latitude
    40.1957425

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    FAQs

    What type of property is this?
    Retail space - New mixed-use development with retail and residential units.
    Where is this retail space located?
    The property is located at 309 N High St Muncie, IN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - New mixed-use development in Muncie's primary business district.; - **54 market-rate residential units** featuring one- and two-bedroom apartments.; - Four-story building with three levels of residential units.
    (812) 327-2372
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    309 N High St Muncie, IN 47305
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    Muncie, IN 47305
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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
    309 N High St Muncie, IN 47305
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