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    OFF-MARKET
    Retail properties & Spaces

    0 Mcgalliard Visibility Next To Fresh Thyme Grocery, Muncie, IN 47303

    7.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Lot 7.5 ac (326,700 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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