Property profile

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

OFF-MARKET
Retail properties & Spaces
7.5 ac lot
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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

Location

Mcgalliard Visibility Next To Fresh Thyme Grocery Muncie, IN 47303
Muncie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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