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    OFF-MARKET
    Land

    0 Morrison Rd, Muncie, IN 47304

    1.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.88-acre industrial land parcel presents a remarkable opportunity for development. Strategically located in Muncie, Indiana, on Tract #2 N Morrison Road, this property enjoys convenient access to major thoroughfares, placing it within easy reach of a thriving commercial hub. Situated just north of SR 332 and Bethel Avenue, the site benefits from high visibility and excellent connectivity. Nearby established businesses include American Health Network, PetSmart, Lowe's, and Walmart, ensuring a strong commercial presence and potential customer base. The property is zoned for variety business use, offering flexibility for a range of industrial or commercial projects. The expansive lot size provides ample space for construction and future expansion. With its ideal location, versatile zoning, and substantial acreage, this property represents a compelling investment opportunity for developers seeking a prime location in a growing market. The property is served by Wes-Del Community Schools. The asking price is $400,000. The legal description is Tract #2 N Morrison Road, Muncie, IN 47304, Delaware County.

    Property profile
    Verified
    Property type Land
    Lot 1.88 ac (81,893 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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