Technical
Financial
Distress signals
Property profile

401 Mcgalliard Rd Muncie, IN 47303

OFF-MARKET
Medical Office Space
Property ID
US31-2096505
8,256 SF 2.22 ac lot Built 1986
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction WOOD
Total area 8,256 SF
Lot 2.22 ac (96,703 SF)
APN 18-11-04-276-021.000-003
UPID US31-2096505

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Medical Clinic Skin Care Clinic

Location

401 Mcgalliard Rd Muncie, IN 47303-1828
Muncie metro Census 1100 MUNCIE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$633k
Blend (final) Blend
$540k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $750,000 +62.0%
Commercial (general) $725,000 +57.3%
Retail stores $700,000 +51.4%

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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