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    2400 Mcgalliard Rd Muncie, IN 47304

    Sponsored
    For Sale
    $595,000

    Prime Muncie Industrial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 47,916 square foot industrial land parcel is strategically located on the 2400 block of West McGalliard Road in Muncie, Indiana, zip code 47304. Its prime location offers unparalleled visibility to traffic traveling east and west on McGalliard Road. The property's proximity to Ball State University is a significant advantage, particularly its adjacency to the Ball State Athletic Fields on the east. This presents a unique opportunity for various development projects. The asking price for this property is $595,000. The lot size is substantial, providing ample space for a range of industrial uses. This offering includes three additional parcel IDs: 181105251002000003

    Property Features for 2400 Mcgalliard Rd

    General Information

    Property type
    Land

    HighLights

    • 47,916 SF industrial land parcel in Muncie, IN.
    • Prime location on W. McGalliard Rd. with high visibility.
    • Adjacent to Ball State University athletic fields.
    • Asking price: $595,000.
    • Includes additional parcel IDs: 181105251002000003.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.414978
    Latitude
    40.2186877

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    FAQs

    What type of property is this?
    Land - Prime Muncie Industrial Land, High Visibility
    Where is this land located?
    The property is located at 2400 Mcgalliard Rd Muncie, IN.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 47,916 SF industrial land parcel in Muncie, IN.; Prime location on W. McGalliard Rd. with high visibility.; Adjacent to Ball State University athletic fields.
    Request Owner's contact information
    2400 Mcgalliard Rd 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
    2400 Mcgalliard Rd Muncie, IN 47304
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