1301 Nebo Rd Muncie, IN 47304
This exceptional 7-acre parcel, located at 1301 N Nebo Rd, Muncie, Indiana, presents a unique opportunity for diverse development. The property, identified by APN 18-10-11-227-003.000-014, is zoned for both commercial and residential uses, offering significant flexibility to prospective buyers. Situated in Delaware County, this land boasts convenient access to major roadways, with Nebo Road providing a direct connection between State Road 332 and State Road 32. This strategic location ensures high visibility and easy accessibility for any future development. The asking price for this expansive property is $625,000. Annual real estate taxes are currently assessed at $637.34. The substantial lot size provides ample space for a variety of projects, from large-scale commercial ventures to smaller residential developments. This is a rare opportunity to acquire a significant land holding in a desirable location with excellent connectivity. Serious inquiries are encouraged to explore the potential of this versatile property. The property's location in Muncie, IN, zip code 47304, offers a strong foundation for future growth and investment.
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.