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    819 Mcgalliard Rd Muncie, IN 47303

    Sponsored
    For Lease
    $7 SF/Yr ($14,037 /Mo)

    High-traffic location, 4,587 SF available

    Lot size:
    21,458 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-story retail strip center, located at 811 & 831 E McGalliard Rd in Muncie, Indiana, presents a compelling investment opportunity. The property boasts a total of 21,458 square feet situated on a sizable 1.69-acre lot. Currently, there is 4,587 square feet of vacant space available, ideal for expansion or new tenants. The property's address is 819 E McGalliard Rd, Muncie, IN 47303, and its convenient location ensures high visibility and accessibility for businesses. The property consists of one building with multiple tenancies, offering flexibility for various retail concepts. The property's APN is 18-11-03-251-004.000-003. This prime retail space presents a unique chance to capitalize on a thriving market in a desirable location. The significant vacant square footage provides an excellent opportunity for immediate income generation or strategic development. The property's size and location make it an attractive option for both established businesses and new ventures seeking a strong foothold in the Muncie market. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 819 Mcgalliard Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,458 SF
    Total Rate
    14037.11

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    811
    Size
    4,587 SF
    Rate per SF
    $7

    HighLights

    • Exceptional single‑story retail strip center totaling 21,458 square feet on a 1.69‑acre lot in Muncie, IN.
    • 4,587 square feet of vacant space available for lease.
    • Located at 811 & 831 E McGalliard Rd, Muncie, IN 47303 (APN: 18‑11‑03‑251‑004.000‑003).
    • High visibility and accessibility in a desirable location.
    • Offers multiple tenancies suitable for various retail concepts.
    Property Profile Location Intelligence

    Current Use by Public Records

    White Dragon Vapor ... Electronics Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness 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
    -85.3769562
    Latitude
    40.2185732

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 4,587 SF available
    Where is this retail property located?
    The property is located at 819 Mcgalliard Rd Muncie, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Exceptional single-story retail strip center totaling 21,458 square feet on a 1.69-acre lot in Muncie, IN.; 4,587 square feet of vacant space available for lease.; Located at 811 & 831 E McGalliard Rd, Muncie, IN 47303 (APN: 18-11-03-251-004.000-003).
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    819 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
    819 Mcgalliard Rd Muncie, IN 47303
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