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    Property profile & analytics

    220 Mcgalliard Rd Muncie, IN 47303-2009

    • Turn key restaurants
    • 1,035 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US31-1915035
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rally's / Fast Food Restaurant / American Restaurant
    • Little Caesars Pizza / Fast Food Restaurant / Pizza Restaurant

    Property Details for 220 Mcgalliard Rd

    Year built
    1987
    Lot size
    0.56 lot acres
    Property size
    1,035 SF
    Property type
    Turn key restaurants
    APN
    18-07-34-355-023.000-003
    APU
    180734355023000003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3847
    Latitude
    40.2193
    CBSA code
    34620
    CBSA name
    MUNCIE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,957
    $290,400
    $63,700
    $354,100
    -
    $290,400
    $63,700
    $354,100

    Comparable in this City

    • Value Estimation by Request

      3901 Adj N Broadway Ave

      RESTAURANT
      3901 Adj N Broadway Ave, Muncie, IN 47303
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    • Value Estimation by Request

      3110 Locust St

      RESTAURANT
      3110 Locust St, Muncie, IN 47303-1760
      View Details
    • Value Estimation by Request
      0.10 Acres

      900 Blk E Mcgalliard Rd

      RESTAURANT • 0.10 Acres
      900 Blk E Mcgalliard Rd, Muncie, IN 47303
      View Details
    • Value Estimation by Request
      2,697 SF

      223 Mcgalliard Rd

      RESTAURANT • 2,697 SF
      223 Mcgalliard Rd, Muncie, IN 47303-2010
      View Details
    • Value Estimation
      $425,000
      3,420 SF

      109 Mcgalliard Rd

      RESTAURANT • 3,420 SF
      109 Mcgalliard Rd, Muncie, IN 47303-2008
      View Details
    • Value Estimation by Request
      5,191 SF

      809 Mcgalliard Rd

      RESTAURANT • 5,191 SF
      809 Mcgalliard Rd, Muncie, IN 47303-1765
      View Details

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    Similar Nearby for Lease

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      Freestanding Drive-Thru Restaurant Opportunity

      100% leased drive-thru restaurant near Ball State University.
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      First-class restaurant space with drive-thru, built in 2019.
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      Muncie Retail Strip Center Investment

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      Retail Space Near Ball State

      Retail space available near Ball State University.
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    Property Visit Statistics

    • Visits by month
      3.9k
    • Visitors by month
      3.7k
    • Avg Time on site
      29 min
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    220 Mcgalliard Rd
    Muncie, IN 47303-2009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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