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Property profile & analytics
FOR SALE
Commercial real estate

14500 West Mcgalliard Rd Yorktown, IN 47396

Entity Owned 4-yr Hold
Property ID
US31-1585027
14500 West Mcgalliard Rd, Yorktown, IN 47396 For Sale
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14500 West Mcgalliard Rd, Yorktown, IN 47396
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Property summary
AI-generated overview

This exceptional 155-acre parcel presents a unique investment opportunity in Yorktown, Indiana, ideally situated along Interstate I-69. Its strategic location offers unparalleled access to major transportation routes, placing it just 8 miles west of Muncie and 40 miles northeast of Indianapolis. The property's zoning allows for diverse development, catering to both commercial and industrial uses. Conceptual renderings illustrate the potential for a recreational development, such as an RV park or Jellystone Park, leveraging the high visibility from the interstate. The site includes desirable front outlots directly accessible from I-69, with ample space for industrial development further back on the property. To enhance accessibility, a new traffic light intersection is currently under construction at the property entrance. Further adding to its appeal, an assumable note at a favorable 4.1% interest rate is available to a qualified buyer. Significant economic and development incentives are also available from the City, County, and State of Indiana, making this a compelling investment proposition. The potential for a rail spur further expands the development possibilities, providing additional logistical advantages. This property offers a rare combination of location, size, and potential, making it an ideal choice for a wide range of development projects.

Property profile
Verified
Property type Commercial real estate
UPID US31-1585027
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Munsee Farms Holdings LLC · 4 yrs held
Munsee Farms Holdings LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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