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Property profile & analytics
OFF-MARKET
Commercial real estate

5020 Hessler Rd Muncie, IN 47304

2,340 SF 2.5 ac lot Built 1978
Entity Owned 13-yr Hold Free & Clear
Property ID
US31-2293300
Property summary
AI-generated overview

This exceptional 9-acre commercial land parcel presents a unique investment opportunity in Muncie, Indiana. Located at 5020 W. Hessler Road, this property boasts a convenient location and significant development potential. The asking price is $540,000, translating to $60,000 per acre, reflecting the land's high value. The property is zoned BV- VARIETY BUSINESS, allowing for a wide range of commercial uses. The expansive lot size offers ample space for various projects, from retail centers and office buildings to light industrial facilities. Its address is 5020 W. Hessler Road, Muncie, IN 47304, within Delaware County. The property's location offers easy access to major transportation routes, ensuring excellent visibility and accessibility for any future development. The parcel's APN is 18-06-36-476-005.000-040. This is a rare opportunity to acquire a substantial commercial land holding in a growing area. Serious inquiries are encouraged to explore the possibilities this property offers. The property's size and zoning make it an attractive proposition for investors seeking a strong return on their investment. Don't miss this chance to secure a prime piece of Muncie real estate.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Construction WOOD
Total area 2,340 SF
Lot 2.5 ac (108,900 SF)
APN 18-06-36-476-005.000-040
UPID US31-2293300
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Southern Financial Group LLC · 13 yrs held
Southern Financial Group LLC
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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