Property profile

4917 Wheeling Parcel A Ave Muncie, IN 47304

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 65,340 square foot industrial land parcel presents a unique opportunity for commercial development in Muncie, Indiana. Located at the highly visible corner of Wheeling Avenue and Riggin Road, this property benefits from its position at a lighted intersection, ensuring excellent visibility and accessibility. The lot is part of a larger area with three available parcels, offering flexibility in lot size depending on the buyer's needs. A survey and potential replatting will be required to finalize the purchase. This prime location offers significant advantages, situated directly across from the established Country Village Shopping Center, which includes a Speedway gas station, Dollar General, Dillman's Furniture, Clancy's Bowling Center, Knights of Columbus Bingo, and other businesses. The area also boasts a recently constructed childcare facility nearby, adding to the vibrant and growing community. Wheeling Avenue is a major thoroughfare, connecting significant residential subdivisions and State Road 28 to Ball State University and downtown Muncie, guaranteeing high traffic volume and exposure for any commercial venture. This property is zoned for industrial use and offers substantial potential for a variety of commercial developments. The asking price is $300,000. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

4917 Wheeling Parcel A Ave Muncie, IN 47304
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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