Property profile

404 Dr Martin Luther King Jr Blvd Muncie, IN 47305

OFF-MARKET
Retail space
Property ID
US31-2336401
648 SF 0.52 ac lot Built 1954
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction WOOD
Total area 648 SF
Lot 0.52 ac (22,651 SF)
APN 18-11-10-410-002.000-003
UPID US31-2336401

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

404 Dr Martin Luther King Jr Blvd Muncie, IN 47305-1903
Muncie metro Census 2800 MUNCIE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$65k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2022
Last sale
$28,500
1 recorded transaction
2022
$28,500

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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