Property profile

2700 Jackson St Muncie, IN 47303

OFF-MARKET
Banks
Property ID
US31-2343299
3,265 SF 0.62 ac lot Built 1954
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,265 square foot commercial building, built in 1990, is located at 2700 W Jackson St, Muncie, Indiana, in Delaware County (zip code 47303). The property sits on a 0.62-acre lot and features one single-story building. Boasting 100 feet of prime frontage on West Jackson Street, this high-visibility location ensures maximum exposure for your business. The property includes a drive-through capability, perfect for service-oriented businesses, and a paved off-street parking lot with 33 dedicated spaces. Its strategic location near Ball Memorial Hospital, restaurants, and other retail stores guarantees high foot traffic and accessibility. Previously an Old National Bank, this versatile space is zoned for a variety of commercial activities, making it ideal for professional offices, medical facilities, retail establishments, or restaurants. The property's APN is 18-11-08-386-015.000-003. This is a prime opportunity to own a well-situated commercial property in a high-demand area of West Muncie. The asking price is $499,900.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1954
Construction WOOD
Total area 3,265 SF
Lot 0.62 ac (26,810 SF)
APN 18-11-08-386-015.000-003
UPID US31-2343299

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
  • Department Store Grocery & Convenience Store

Location

2700 Jackson St Muncie, IN 47303-4635
Muncie metro Census 800 MUNCIE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k

Owner & transaction history

since 2021
2 recorded transactions
2021
$700,000
2008
$1.5M

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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