4105 W BETHEL AVE, Muncie, IN
Retail property available for sale in Muncie, Indiana.
- Added:
- Mar 23, 2021
- Days on Market:
- 1910
- Last Refresh:
- May 20 at 9:47 pm
Property Features for 4105 W BETHEL AVE
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.74 Acres
- Property subtype
- RETAIL
Listing agent Austin Schmaltz License #RB15000416 (765) 729-5373
Listing office ADM Commercial Real Estate (765) 729-5373
Listing date Mar 23, 2021
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ADM Commercial Real Estate
HighLights
- Retail property available for sale.
- Located in Muncie, Indiana.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $24.96 |
| − Vacancy | −$2.2k | −$1.10 |
| EGI | $47.7k | $23.86 |
| − OpEx | −$14.3k | −$7.16 |
| NOI | $33.4k | $16.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Muncie
- County
- Delaware
- State
- Indiana
- Longitude
- -85.4342
- Latitude
- 40.2193
