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    3631 Morrison Rd Muncie, IN 47304

    Sponsored
    For Lease
    Contact for pricing

    Prime Medical Office, 3,544 SF Available

    Lot size:
    3,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional medical office space, located at 3631 N Morrison Rd in Muncie, Indiana, offers 3,544 square feet of readily available space within a multi-tenant building. Situated in Delaware County, this property enjoys a highly desirable location near IU Health Ball Memorial Hospital and Ball State University, ensuring excellent visibility and accessibility for patients and staff. The building features a convenient covered patient drop-off area, eliminating weather-related concerns for visitors. Ample parking is also provided, ensuring convenient access for both patients and employees. The property is classified as an office building with a medical office subtype, making it ideal for a variety of healthcare practices. The available space presents a fantastic opportunity for expansion or relocation for medical professionals seeking a well-situated and functional workspace. The property's proximity to major healthcare facilities and a university contributes to a strong patient base and a vibrant community atmosphere. This is a turnkey solution for medical practices looking for a move-in ready space with convenient amenities. The zip code is 47304. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 3631 Morrison Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,544 SF

    Unit(s) available at that property

    Space
    Suite 106
    Size
    3,544 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Todd L. Schroeder, ... Physical Therapist Janelle M. Schnake, ... Nutritionist Steven Farmer Family Practice Physician Reedy Richard L ... Family Practice Physician Amanda J. Place, ... Pharmacy

    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
    -85.4436015
    Latitude
    40.2225447

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 3,544 SF Available
    Where is this medical office located?
    The property is located at 3631 Morrison Rd Muncie, IN.
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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
    3631 Morrison Rd Muncie, IN 47304
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