Property profile

1308 Madison St Muncie, IN 47302

OFF-MARKET
Outlet malls
Property ID
US31-1950199
8,110 SF 0.56 ac lot Built 1949
Individually Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1949
Construction WOOD
Total area 8,110 SF
Lot 0.56 ac (24,180 SF)
APN 18-11-15-334-001.000-003
UPID US31-1950199

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
  • Discount Store
  • Bank Credit Union

Location

1308 Madison St Muncie, IN 47302-3440
Muncie metro Census 300 MUNCIE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$305k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2018
Price N/A
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $895,000 +11.6%

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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