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    5020 Hessler Rd Muncie, IN 47304

    Sponsored
    For Sale
    $540,000

    Prime 9-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    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 Features for 5020 Hessler Rd

    General Information

    Property type
    Land
    Lot Size
    392,040 SF

    HighLights

    • 9‑acre commercial land parcel in Muncie, IN.
    • Asking price: $540,000 ($60,000/acre).
    • Zoned BV‑VARIETY BUSINESS, allowing diverse commercial uses.
    • Located at 5020 W. Hessler Road, Muncie, IN 47304 (APN: 18‑06‑36‑476‑005.000‑040).
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -85.4446292
    Latitude
    40.2195972

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    FAQs

    What type of property is this?
    Land - Prime 9-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 5020 Hessler Rd Muncie, IN.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: 9-acre commercial land parcel in Muncie, IN.; Asking price: $540,000 ($60,000/acre).; Zoned BV-VARIETY BUSINESS, allowing diverse commercial uses.
    Request Owner's contact information
    5020 Hessler Rd Muncie, IN 47304
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    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
    5020 Hessler Rd Muncie, IN 47304
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