Property profile

1016 Tillotson Ave Muncie, IN 47304

OFF-MARKET
Outlet malls
Property ID
US31-1374624
6,696 SF 1.14 ac lot Built 1998
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 6,696 SF
Lot 1.14 ac (49,789 SF)
APN 18-11-17-327-007.000-003
UPID US31-1374624

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Courier Service Postal Service

Location

1016 Tillotson Ave Muncie, IN 47304-4527
Muncie metro Census 600 MUNCIE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$619k
Blend (final) Blend
$500k

Owner & transaction history

since 2019
1 recorded transaction
2019
$880,000

Zoning & alternative use

Top alternative use upside
Restaurant $610,000 +53.3%
Auto repair, garage $575,000 +44.5%
Medical building $505,000 +26.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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