Property summary
This exceptional freestanding restaurant, totaling 6,508 square feet, sits on a spacious 1.63-acre lot in Muncie, Indiana. Ideally situated along Muncie's main retail thoroughfare, McGalliard Road, this property boasts excellent visibility and accessibility, with a daily traffic count exceeding 31,521 vehicles. Its prime location offers unparalleled exposure to a large and diverse customer base. The property's proximity to Ball State University, with its 20,000+ student population, presents a significant opportunity for consistent foot traffic and revenue generation. Furthermore, the restaurant is strategically surrounded by a thriving mix of successful national restaurant chains and retailers, including notable brands such as Chick-fil-A, Starbucks, Raising Cane's, Crew Carwash, and Chipotle, creating a vibrant and attractive commercial environment. The asking price is $1,200,000, translating to $245.85 per square foot. This presents a compelling investment opportunity in a high-traffic, high-demand area with significant growth potential. The property's address is 1101 W McGalliard Rd, Muncie, IN 47303, located in Delaware County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight