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Property profile & analytics
OFF-MARKET
Office Spaces

223 Ontario Dr Muncie, IN 47303

Built 2005
Property ID
Property summary
AI-generated overview

This exceptional 720-square-foot office space, located at 223 W Ontario Dr in Muncie, Indiana, presents a fantastic opportunity for a single tenant. Built in 2005, this single-story building offers a traditional office layout adaptable to various needs, including creative or medical practices. The space features a large open area perfect for staff or a showroom, complemented by a convenient kitchenette and restroom. A private office provides additional space for individual work or meetings. The property sits on a sizable 46,609-square-foot lot, ensuring ample parking and outdoor space. Its convenient location just north of the intersection of McGalliard Road and Walnut Street, near the Muncie Airport, provides excellent accessibility and visibility. The building is exceptionally well-maintained, reflecting a commitment to quality and functionality. This property is ideal for businesses seeking a comfortable, efficient, and strategically located office space in Muncie, Indiana. The zip code is 47303. The property is classified as a Traditional Office, Creative Office, and Medical Office.

Property profile
Verified
Property type Office Spaces
Year built 2005
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
Current use
Occupant on record · Public records
  • Indiana Surplus & Specialty Insurance Agency
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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