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    2910 Nebo Rd Muncie, IN 47304

    Sponsored
    For Sale
    Contact for pricing

    Prime Muncie business land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.25-acre commercial land parcel presents a unique investment opportunity in Muncie, Indiana. Located at 2910 N Nebo Road, this property is zoned Bv - Variety Business, offering considerable flexibility for a wide range of commercial developments. The lot boasts convenient Nebo Road frontage, providing excellent visibility and accessibility. The asking price is $59,000 per acre, representing a compelling value for this strategically located land. The property's APN is 1001100001000. Detailed site plans and a listing flyer are available upon request, providing further insights into the property's potential. This is the only remaining lot in this desirable area, making it a truly rare opportunity for businesses seeking a prominent location in Muncie. The property is being offered for sale by owner and is situated in Delaware County, Indiana, with a zip code of 47304. The coordinates are 40.2173157 latitude and -85.4611575 longitude. Don't miss this chance to acquire a significant piece of commercial real estate in a thriving Indiana market.

    Property Features for 2910 Nebo Rd

    General Information

    Property type
    Land
    Lot Size
    359,370 SF

    HighLights

    • 4.0‑acre lot on McGalliard, priced at $190,000 per acre.
    • 14.8‑acre lot on Nebo Road, priced at $95,000 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.4611575
    Latitude
    40.2173157

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    FAQs

    What type of property is this?
    Land - Prime Muncie business land, excellent location.
    Where is this land located?
    The property is located at 2910 Nebo Rd Muncie, IN.
    What are key features of this property?
    This property features: 4.0-acre lot on McGalliard, priced at $190,000 per acre.; 14.8-acre lot on Nebo Road, priced at $95,000 per acre.;
    Request Owner's contact information
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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
    2910 Nebo Rd Muncie, IN 47304
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