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    101 N Tillotson Ave Muncie, IN 47304

    For Sale
    $187,000

    Paved parking lot zoned BP Business Professional, near IU Health Hospital.

    Lot size:
    0.43 Acres

    Property Features for 101 N Tillotson Ave

    General Information

    Lot size
    0.43 Acres

    Source: ADM Commercial Real Estate Agent Mark Sturgis 765 749 0665

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

    Overview

    Paved Parking Lot For Sale

    This is a paved parking lot with dimensions of 136.5 x 148.5. It is zoned BP Business Professional and located in the Westside Addition, across from IU Health Hospital. The property is suitable for the development of a small office or retail building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Enterprise Rent-A-Car, Penske Truck Rental

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.419221
    Latitude
    40.194309

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    FAQs

    What type of property is this?
    Parking lot & garage - Paved parking lot zoned BP Business Professional, near IU Health Hospital.
    Where is this parking lot & garage located?
    The property is located at 101 N Tillotson Ave Muncie, IN.
    What is the asking price?
    The asking price for this property is $187,000.
    What are key features of this property?
    This property features: - Paved parking lot ready for immediate use; - Zoned BP Business Professional, allowing for a variety of business uses; - Located in the Westside Addition
    (765) 749-0665
    Request Owner's contact information
    101 N Tillotson Ave Muncie, IN 47304
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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
    101 N Tillotson Ave Muncie, IN 47304
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