Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2605 W Main St Muncie, IN 47305

    For Sale
    $149,900

    Land suitable for multi-family or office development near hospital.

    Lot size:
    0.29 Acres

    Property Features for 2605 W Main St

    General Information

    Lot size
    0.29 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

    Redevelopment Land Near IU Health

    This property features land suitable for redevelopment. The existing house is in poor condition and currently used for storage. The location is near IU Health Hospital and Ball State University, making it prime development land for multi-family or office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -85.4171217
    Latitude
    40.1936109

    Nearby Similar for Sale

    • $599,900
      Pending

      Remodeled Mixed-Use Building in Downtown

      Remodeled mixed-use building with commercial space and luxury apartment.
      114 S Walnut St, Muncie, IN 47305
      View Details
    • Contact for pricing
      0.62 Acres

      Fraternity/Sorority Housing Near Ball State

      Purpose-built student housing facility near Ball State University.
      1100 W Riverside Ave, Muncie, IN 47303
      View Details
    • $1,100,000
      Pending

      Downtown Muncie Office Opportunity

      Two buildings in revitalized downtown Muncie near amenities.
      110 E Charles St, Muncie, IN 47305
      View Details
    • New
      $109,900
      0.15 Acres

      Muncie Duplex: Income Opportunity

      Income-producing duplex in Muncie with long-term tenants.
      2413 S Gharkey St, Muncie, IN 47302
      View Details
    • $129,900
      1,792 SF

      Updated Duplex in Muncie, IN

      Renovated duplex with modern updates, ideal for living or rental.
      2004 S Walnut St, Muncie, IN 47302
      View Details
    • $93,000
      Pending

      Muncie Duplex: Investment Opportunity

      Two homes on one parcel in high-demand Muncie rental area.
      2101 S Mulberry St, Muncie, IN 47302
      View Details

    FAQs

    What type of property is this?
    Land - Land suitable for multi-family or office development near hospital.
    Where is this land located?
    The property is located at 2605 W Main St Muncie, IN.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Prime development land; - Suitable for multi-family or office development; - Near IU Health Hospital
    (765) 749-0665
    Request Owner's contact information
    2605 W Main St Muncie, IN 47305
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2605 W Main St
    Muncie, IN 47305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2605 W Main St Muncie, IN 47305
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.