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    411 W Riggin Rd Muncie, IN 47303

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    For Lease
    $12 SF/Yr ($5,263 /Mo)

    Office space for lease with restrooms to be constructed.

    Property size:
    5,263 SF
    Lot size:
    2.48 Acres

    Property Features for 411 W Riggin Rd

    General Information

    Size
    5,263 SF
    Lot size
    2.48 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

    Office Space on Riggin Road

    This office space faces Riggin Road. The owner will construct new restrooms. CAM includes water, sewer, landscaping, trash, and common area parking lot lights. The estimated CAM is $300 per month. Estimated real estate taxes are $2.17 per square foot. The property size is 5,263 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ross Medical Education ... College ViaQuest Hospice - Muncie Hospice

    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
    -85.3908145
    Latitude
    40.2323785

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    FAQs

    What type of property is this?
    Office space - Office space for lease with restrooms to be constructed.
    Where is this office space located?
    The property is located at 411 W Riggin Rd Muncie, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Front space facing Riggin Road.; - New restrooms to be constructed by owner at owner's expense.; - CAM includes water, sewer, landscaping, trash, and common area parking lot lights.
    (765) 749-0665
    Request Owner's contact information
    411 W Riggin Rd Muncie, IN 47303
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    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
    411 W Riggin Rd Muncie, IN 47303
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