2300 Dr Martin Luther King Jr Blvd Muncie, IN 47303-5186
Property profile & analytics
2300 Dr Martin Luther King Jr Blvd Muncie, IN 47303-5186
- Retail properties & Spaces
- 1.82 lot acres
Property ID
US31-1818752
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.
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 2300 Dr Martin Luther King Jr Blvd
- Year built
- 1958
- Lot size
- 1.82 lot acres
- Property type
- Retail properties & Spaces
- APN
- 18-11-03-410-005.000-003
- APU
- 181103410005000003
Description
This exceptional retail property, located at 2300 N Dr Martin Luther King Jr Blvd in Muncie, Indiana, presents a compelling investment opportunity. The single-story, 11,445 square foot building sits on a generous 2.05-acre lot and was constructed in 1968. Currently configured as a single-tenant space, previously used as an auto dealership, the property boasts recently completed renovations. These upgrades include a showroom floor, bathrooms, and offices, all featuring new epoxy and/or laminate flooring. The service area has been enhanced with new LED lighting, and the landscaping has been refreshed. The property's asking price is $549,900, translating to a price per square foot of $48.05. The property's address is 2300 N Dr Martin Luther King Jr Blvd, Muncie, IN 47303, and its APN is 18-11-03-410-003.000-003. This prime location in Delaware County offers excellent visibility and accessibility, making it an ideal space for a variety of retail uses. The property's size and recent renovations make it a turn-key solution for a discerning buyer seeking a well-maintained and updated retail space. The single-tenant occupancy provides stability and ease of management. This is a rare opportunity to acquire a substantial retail property in a desirable location at an attractive price point.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Muncie
- County
- Delaware
- State
- Indiana
- Longitude
- -85.3727
- Latitude
- 40.2129
- 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
$1,243
$25,400
$4,900
$30,300
-
$25,400
$4,900
$30,300
