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    1908 Mcgalliard Rd Muncie, IN 47303

    Sponsored
    For Sale
    $99,900

    Prime McGalliard Road location, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.42-acre property, located at 1908 E McGalliard in Muncie, Indiana (APN: 180735356006000003), presents a unique investment opportunity. Zoned for Business Variety, this versatile site offers significant potential for a variety of uses, including retail and office space. The asking price is $99,900. Situated on a busy retail corridor, this location benefits from high visibility and excellent access for customers and employees. The property's size makes it ideal for a smaller-scale development project, allowing for efficient use of space and potentially lower development costs. The existing structure, if any, is not detailed in the provided information. This property is an excellent choice for investors seeking a high-traffic location with diverse development possibilities. The address is easily accessible from major roadways, ensuring convenient access for both customers and employees. The property's location in Muncie, Delaware County, Indiana (zip code 47303) offers a strong local market and potential for growth. This is a rare opportunity to acquire a strategically located property in a thriving commercial area. Serious inquiries are encouraged to explore the full potential of this promising investment.

    Property Features for 1908 Mcgalliard Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    18,295 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.365001
    Latitude
    40.219377

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    FAQs

    What type of property is this?
    Multifamily property - Prime McGalliard Road location, high potential.
    Where is this multifamily property located?
    The property is located at 1908 Mcgalliard Rd Muncie, IN.
    What is the asking price?
    The asking price for this property is $99,900.
    Request Owner's contact information
    1908 Mcgalliard Rd 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
    1908 Mcgalliard Rd Muncie, IN 47303
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