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    Mcgalliard Visibility Next To Fresh Thyme Grocery Muncie, IN 47303

    Sponsored
    For Sale
    $750,000

    High-visibility office building near Fresh Thyme. Excellent investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.5-acre property, located in Muncie, Indiana (APN: 1104276004000), offers a unique blend of commercial and residential zoning potential. Currently configured as executive office space, the building enjoys a highly desirable location next to Fresh Thyme Grocery, ensuring significant foot traffic and visibility. The asking price is $750,000, representing a land value of $100,000 per acre. The property's zoning allows for a variety of business uses, as well as multi-family residential development under R-5 zoning. This flexibility presents a compelling investment opportunity for developers and businesses alike, offering the potential for significant returns. The property's strategic location in Delaware County, with a Muncie, IN 47303 zip code, provides easy access to major transportation routes and a thriving local community. This is a rare chance to acquire a substantial property with diverse development possibilities in a prime location. Further details are available upon request.

    Property Features for 0 Mcgalliard Visibility Next To Fresh Thyme Grocery

    General Information

    Property type
    Multifamily properties
    Lot Size
    326,700 SF

    HighLights

    • 7.5‑acre property in Muncie, IN (APN: 1104276004000).
    • Currently configured as executive office space, adjacent to Fresh Thyme Grocery.
    • Asking price: $750,000 ($100,000/acre land value).
    • R‑5 zoning allows for commercial and multi‑family residential development.
    • Located in Delaware County, IN (zip code 47303), with easy access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3911841
    Latitude
    40.2173006

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    FAQs

    What type of property is this?
    Multifamily property - High-visibility office building near Fresh Thyme. Excellent investment opportunity.
    Where is this multifamily property located?
    The property is located at Mcgalliard Visibility Next To Fresh Thyme Grocery Muncie, IN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 7.5-acre property in Muncie, IN (APN: 1104276004000).; Currently configured as executive office space, adjacent to Fresh Thyme Grocery.; Asking price: $750,000 ($100,000/acre land value).
    Request Owner's contact information
    Mcgalliard Visibility Next To Fresh Thyme Grocery 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

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    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
    Mcgalliard Visibility Next To Fresh Thyme Grocery Muncie, IN 47303
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