Property profile

0 Hometown Blvd Muncie, IN 47304

OFF-MARKET
Land
3 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3-acre commercial lot presents a unique investment opportunity in Muncie, Indiana. Located at the highly visible intersection of State Road 332 and Nebo Road, this platted development site boasts unparalleled exposure. Situated within Nebo Commons, a thriving commercial development, this property benefits from its proximity to major retailers such as Menards and Meijer, as well as five new car dealerships, including American Chevrolet and Muncie Kia. The site is ideally positioned to serve the growing residential areas of western Delaware County and Yorktown, offering a prime location for quick-service restaurants (QSRs), pharmacies, and other retail businesses currently underserved in this area. This frontage lot on State Road 332 enjoys high traffic counts and excellent visibility, making it an attractive option for businesses seeking significant exposure. The property is zoned commercial and offers easy access to Interstate 69, providing convenient access to Muncie, Ball State University, and Yorktown. The lighted intersection ensures high visibility day and night. This is a rare opportunity to establish a presence in a rapidly expanding commercial corridor. The asking price is $525,000. Larger parcels are available and can be platted to meet specific buyer needs, starting at $85,000 per acre. This property is located in Delaware County, Indiana, with the address listed as Hometown Blvd Lot 6, Muncie, IN 47304.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hometown Blvd Muncie, IN 47304
Muncie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Hometown Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message