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Property profile & analytics
OFF-MARKET
Land

4917 Wheeling Ave Muncie, IN 47304

1.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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