Property summary
This exceptional 7.5-acre property, located in Muncie, Indiana (APN: 1104276004000), offers a unique blend of commercial and residential zoning potential. Currently configured as executive office space, the building enjoys a highly desirable location next to Fresh Thyme Grocery, ensuring significant foot traffic and visibility. The asking price is $750,000, representing a land value of $100,000 per acre. The property's zoning allows for a variety of business uses, as well as multi-family residential development under R-5 zoning. This flexibility presents a compelling investment opportunity for developers and businesses alike, offering the potential for significant returns. The property's strategic location in Delaware County, with a Muncie, IN 47303 zip code, provides easy access to major transportation routes and a thriving local community. This is a rare chance to acquire a substantial property with diverse development possibilities in a prime location. Further details are available upon request.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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