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    2900 Mcgalliard Rd Muncie, IN 47303

    Sponsored
    For Sale
    $129,000

    Prime Commercial Land, Muncie, Indiana

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.42-acre commercial land parcel presents a unique investment opportunity in Muncie, Indiana. Located at 2900 E. McGalliard Road, this property boasts a highly desirable location within Delaware County, offering excellent visibility and accessibility. The asking price is $129,000, translating to a land value of $90,845 per acre. The property's APN is 0735401005000. This makes it an attractive proposition for developers seeking a strategic site for various commercial ventures. The expansive lot size provides ample space for a wide range of development possibilities, from retail establishments and office buildings to light industrial facilities. Its strategic location within Muncie offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The property's zoning and potential uses should be verified independently with the relevant authorities. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Indiana market. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is conveniently located in Muncie, Indiana, with a zip code of 47303. Its geographical coordinates are latitude 40.219767 and longitude -85.355238.

    Property Features for 2900 Mcgalliard Rd

    General Information

    Property type
    Land
    Lot Size
    61,855 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.355238
    Latitude
    40.219767

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Muncie, Indiana
    Where is this land located?
    The property is located at 2900 Mcgalliard Rd Muncie, IN.
    What is the asking price?
    The asking price for this property is $129,000.
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    2900 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
    2900 Mcgalliard Rd Muncie, IN 47303
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