4917 Wheeling Ave Muncie, IN 47304
This 1.5-acre commercial land parcel is situated at the highly visible intersection of Wheeling Avenue and Riggin Road in northwest Muncie, Indiana. The property, Parcel A, is priced at $300,000 and benefits from a traffic signal, ensuring excellent visibility and accessibility. Its location directly across from the Country Village Shopping Center, which includes a Speedway gas station, Dollar General, and other established businesses, provides significant advantages for commercial development. The area also boasts a recently constructed childcare facility nearby. Wheeling Avenue is a major thoroughfare connecting substantial residential subdivisions and State Road 28 to Ball State University and downtown Muncie, guaranteeing high traffic volume. While this listing focuses on the 1.5-acre Parcel A, it's important to note that two additional parcels are available for sale in this area. Lot sizes may be flexible, requiring a survey and potential replatting to accommodate specific development needs. This prime location offers exceptional potential for a variety of commercial ventures, capitalizing on its high visibility and convenient access to a thriving community. The property is located at 4917 Wheeling Ave, Muncie, IN 47304.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.