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    2902 White River Blvd Muncie, IN 47304

    Sponsored
    For Lease
    $15 SF/Yr ($12,801 /Mo)

    Retail/Medical Office Suites Available

    Lot size:
    10,241 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-story, 10,241 square foot building, constructed in 2001 and renovated in 2018, offers versatile office and/or medical space for lease. Located at 2902 West White River Boulevard, this property boasts a prime location with excellent visibility and convenient access. The building features two suites, with a minimum divisible space of 886 square feet and a maximum contiguous space of 2,780 square feet currently available. The total vacant space is 2,780 square feet. The property sits on a 33,541 square foot lot and includes 48 parking spaces. Its zoning is Variety Business (APN: 18-11-17-158-029.000-003). The property enjoys a strategic location near major businesses including Subway, Kroger, and several banks, as well as IU Hospital and Ball State University. Its proximity to the Cardinal Greenway Trail System and White River adds to its appeal. The property is well-maintained and offers a modern storefront with abundant natural light. Annual property taxes are $2.98 per square foot. This is an ideal opportunity for businesses seeking a flexible and convenient space in a thriving area. The building is easily accessible from South Tillotson.

    Property Features for 2902 White River Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,241 SF
    Total Rate
    12801.25

    Building Details

    Year Built/Renovated
    2001/2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    2902
    Size
    1,894 SF
    Rate per SF
    $15
    Space
    2904 B
    Size
    886 SF
    Rate per SF
    $18

    HighLights

    • 10,241 SF retail and office building with two suites available, offering 886 SF to 2,780 SF of contiguous space.
    • 2,780 SF of vacant space currently available for lease.
    • Located at 2902 W White River Boulevard, near the intersection of South Tillotson, with excellent visibility and access.
    • Property features ample parking (48 spaces) and is situated in a well‑maintained multi‑tenant center with nearby national retailers.
    • Built in 2001, renovated in 2018, with a 33,541 SF lot and Variety Business zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crosswinds Counseling Counselor Lifeline Youth & Family ... Non-Profit Organization

    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
    -85.420497601494
    Latitude
    40.185569357359

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    FAQs

    What type of property is this?
    Medical office - Retail/Medical Office Suites Available
    Where is this medical office located?
    The property is located at 2902 White River Blvd Muncie, IN.
    What is the lease rate?
    The lease rate is $15-$18 SF/Yr.
    What are key features of this property?
    This property features: 10,241 SF retail and office building with two suites available, offering 886 SF to 2,780 SF of contiguous space.; 2,780 SF of vacant space currently available for lease.; Located at 2902 W White River Boulevard, near the intersection of South Tillotson, with excellent visibility and access.
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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
    2902 White River Blvd Muncie, IN 47304
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