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    W Hometown Blvd Muncie, IN 47303

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    For Sale
    $4,006,250

    32.05 acre commercial development land in Muncie, Indiana.

    Lot size:
    32.05 Acres

    Property Features for W Hometown Blvd

    General Information

    Lot size
    32.05 Acres
    Source: Moodyscre

    Listing Agent: Lisa Brand, Ccim

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

    Overview

    Nebo Commons Commercial Development Land

    Nebo Commons is a planned commercial development situated at the intersection of SR 332 (McGalliard) and Nebo Road. The 32.05-acre site is located within a TIF district. Current retailers in the area include Menard's, Meijer, Discount Tire, Three Rivers Credit Union, Harley Davidson, Toyota, American Chevrolet, KIA, Dellen Ford and Hyundai, and Holiday Inn Express & Suites.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.4627833
    Latitude
    40.2183742

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    FAQs

    What type of property is this?
    Land - 32.05 acre commercial development land in Muncie, Indiana.
    Where is this land located?
    The property is located at W Hometown Blvd Muncie, IN.
    What is the asking price?
    The asking price for this property is $4,006,250.
    What are key features of this property?
    This property features: - Located at a major trade intersection (SR 332 and Nebo Road).; - Part of Nebo Commons Planned Commercial Development.; - Surrounded by established retailers such as Menard's, Meijer and Discount Tire.
    (765) 282-7785
    Request Owner's contact information
    W Hometown Blvd 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
    W Hometown Blvd Muncie, IN 47303
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