Property summary
This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in Muncie, Indiana. Located at 2011 W McGalliard Rd, 47304, this property boasts unparalleled visibility due to its prime frontage along McGalliard Road, a high-traffic thoroughfare. The land is zoned R3 - MULTIPLE FAMILY RESIDENTIAL, offering considerable development potential for various uses. The site's strategic location adjoins Varsity House student apartments to the east, suggesting strong potential for complementary development. This offering comprises four combined parcels (APN: 18-11-05-276-001.000-003, and two additional parcels: 181105253002000003; 181105253003000003) totaling 1.3 acres. The property benefits from its location in a newly developed area, ensuring a vibrant and growing surrounding community. This is an ideal opportunity for developers seeking a high-visibility site with significant potential for future growth and return on investment. The asking price for this exceptional property is $695,000. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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