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    2400 Gharkey St Muncie, IN 47302

    Sponsored
    For Sale
    $310,000

    Prime Industrial Land, Southwest Muncie

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23.09-acre parcel presents a significant opportunity for industrial development or investment. Strategically located on the southwest side of Muncie, Indiana, this property boasts a highly desirable Industrial zoning designation, allowing for a wide range of commercial and industrial uses. The expansive lot size offers ample space for large-scale projects, providing flexibility for various development plans. The property's secure, fenced perimeter enhances security and provides peace of mind. Situated in Delaware County, Indiana, with a Muncie, IN 47302 zip code, this location offers convenient access to major transportation routes, facilitating efficient logistics and distribution. The asking price for this substantial land holding is $310,000. Given its size, zoning, and location, this property represents a compelling investment opportunity for businesses seeking to establish or expand their operations in a thriving industrial area. Detailed site plans and further information are available upon request. Don't miss this chance to acquire a prime piece of industrial real estate in a rapidly growing market. Contact us today to schedule a viewing.

    Property Features for 2400 Gharkey St

    General Information

    Property type
    Land
    Lot Size
    1,005,800 SF

    HighLights

    • Industrial zoning.
    • Southwest Muncie location.
    • Secure fenced yard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Envirosonics Disposal Inc Corporate Office Bahrami Auto Sales ... Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3933061
    Latitude
    40.1742214

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Southwest Muncie
    Where is this land located?
    The property is located at 2400 Gharkey St Muncie, IN.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: Industrial zoning.; Southwest Muncie location.; Secure fenced yard.
    Request Owner's contact information
    2400 Gharkey St Muncie, IN 47302
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    Muncie, IN 47302
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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
    2400 Gharkey St Muncie, IN 47302
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