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    2400 Mcgalliard Rd Muncie, IN 47304

    • Land
    For Sale
    View listing
    $595,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2400 Mcgalliard Rd

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 47,916 square foot industrial land parcel is strategically located on the 2400 block of West McGalliard Road in Muncie, Indiana, zip code 47304. Its prime location offers unparalleled visibility to traffic traveling east and west on McGalliard Road. The property's proximity to Ball State University is a significant advantage, particularly its adjacency to the Ball State Athletic Fields on the east. This presents a unique opportunity for various development projects. The asking price for this property is $595,000. The lot size is substantial, providing ample space for a range of industrial uses. This offering includes three additional parcel IDs: 181105251002000003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.415
    Latitude
    40.2187

    Comparable in this City

    • Value Estimation by Request

      2011 Mcgalliard Rd

      Land
      2011 Mcgalliard Rd, Muncie, IN 47304
      View Details
    • Value Estimation by Request
      1.88 Acres

      Morrison Rd

      Land • 1.88 Acres
      0 Morrison Rd, Muncie, IN 47304
      View Details
    • Value Estimation by Request

      Morrison Rd

      Land
      0 Morrison Rd, Muncie, IN 47304
      View Details
    • Value Estimation by Request

      4917 Wheeling Parcel A Ave

      Land
      4917 Wheeling Parcel A Ave, Muncie, IN 47304
      View Details
    • Value Estimation by Request

      4917 Wheeling Parcel C Ave

      Land
      4917 Wheeling Parcel C Ave, Muncie, IN 47304
      View Details
    • Value Estimation by Request

      4917 Wheeling Parcel B Ave

      Land
      4917 Wheeling Parcel B Ave, Muncie, IN 47304
      View Details

    Similar Nearby for Sale

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      McGalliard Road Industrial Land Parcel

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    Similar Nearby for Lease

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      Drive-Thru Restaurant Ready For Lease

      1364 SF drive-thru restaurant available for lease.
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      Muncie Co-Work Space Available

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      Muncie Retail or Office Space

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    • New
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      Muncie Retail Space with Drive-Thru

      1,600 SF commercial space with drive-thru in Muncie, IN.
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      245,738 SF

      Northwest Plaza Retail Center

      Muncie, IN Shopping Center - Spaces Available
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      Muncie Medical Office Space For Lease

      Prime Medical Office, 3,544 SF Available
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    2400 Mcgalliard Rd
    Muncie, IN 47304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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