Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4401 Delaware Dr Muncie, IN 47302-9400

    • Manufacturing properties
    • 56,504 SF
    • 6.50 lot acres
    OFF-MARKET
    Value Estimation
    $785,000
    Location Intelligence
    Property ID
    US31-1880013
    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

    • Taurus Tool & Engineering Inc / Machine Shop / Tool & Die Shop
    • Diamond Welding / Welder
    • Insul-Quip Inc / Sheet Metal Contractor

    Property Details for 4401 Delaware Dr

    Year built
    1980
    Construction
    WOOD
    Lot size
    6.50 lot acres
    Property size
    56,504 SF
    Property type
    Manufacturing properties
    APN
    18-11-29-300-007.000-002
    APU
    181129300007000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $800,000

    • CAP approach

      CAP return
      Estimation
      6%
      $810,000
      6.5%
      $810,000
      7%
      $920,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $815,000
      Geo Method
      $850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $835,000
      Retail
      $965,000
      Mixed-Use
      $965,000
      Hospitality
      $775,000
      Educational
      $865,000
      Residential Income
      $920,000
      Energy
      $795,000
      Income-Based Land
      $795,000
      Food Service
      $790,000

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.4226
    Latitude
    40.1536
    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
    $39,583
    $183,800
    $966,100
    $1,149,900
    -
    $183,800
    $966,100
    $1,149,900

    Comparable in this City

    • Value Estimation by Request
      40.00 Acres

      3500 Adj S Cowan Rd

      HEAVY MANUFACTURING • 40.00 Acres
      3500 Adj S Cowan Rd, Muncie, IN 47302
      View Details
    • Value Estimation by Request
      37.57 Acres

      3500 Adj S Cowan Rd

      HEAVY MANUFACTURING • 37.57 Acres
      3500 Adj S Cowan Rd, Muncie, IN 47302
      View Details
    • Value Estimation by Request
      37.77 Acres

      3500 Adj S Cowan Rd

      HEAVY MANUFACTURING • 37.77 Acres
      3500 Adj S Cowan Rd, Muncie, IN 47302
      View Details
    • Value Estimation by Request
      0.16 Acres

      1204 Liberty St

      MANUFACTURING (LIGHT) • 0.16 Acres
      1204 Liberty St, Muncie, IN 47302
      View Details
    • Value Estimation by Request

      800 Blk S Walnut St

      MANUFACTURING (LIGHT)
      800 Blk S Walnut St, Muncie, IN 47302
      View Details
    • Value Estimation by Request

      800 Blk S Walnut St

      MANUFACTURING (LIGHT)
      800 Blk S Walnut St, Muncie, IN 47302
      View Details

    Similar Nearby for Sale

    • $549,000
      21,818 SF

      Muncie Industrial Property: 21,818 SF

      Versatile Industrial Space, 1.5 Acres
      703 13Th St, Muncie, IN 47302
      View Details
    • Contact for pricing
      121,036 SF

      Modern Industrial Facility with Cranes

      Spacious industrial building with high ceilings and heavy crane capacity.
      4401 S Cowan Rd, Muncie, IN 47302
      View Details
    • $3,950,000
      18.46 Acres

      Muncie Industrial Facility on 18+ Acres

      Well-maintained industrial property with heavy power and ample parking.
      3401 W 8Th St, Muncie, IN 47302
      View Details
    • $525,000
      21,818 SF

      Versatile Industrial Building with Flex-Star Roof

      Industrial building with warehouse, shop, and office spaces available.
      703 W 13Th St, Muncie, IN 47302
      View Details
    • $169,000
      15,209 SF

      Muncie Warehouse with Refrigerated Areas

      Warehouse with refrigerated areas, currently used for ice storage.
      800 W 17Th St, Muncie, IN 47302
      View Details
    • $579,000
      19,800 SF

      Muncie Industrial Multi-Tenant Property

      Multi-tenant industrial property with recent upgrades and flexible space.
      2401 S Monroe St, Muncie, IN 47302
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      15,550 SF

      Muncie Industrial/Warehouse Space Available

      Heated manufacturing or warehouse/distribution space with ample parking.
      1111 E Seymour St, Muncie, IN 47302
      View Details
    • $1.00 SF/Yr
      350,000 SF

      Muncie Industrial Space Available

      Flexible Warehouse/Manufacturing Space
      1210 Seymour St, Muncie, IN 47302
      View Details
    • $3 SF/Yr
      470,000 SF

      Muncie Warehouse and Manufacturing Space

      64,000 SF manufacturing/warehouse space for lease in Downtown Industrial Center.
      1106 E Seymour St, Muncie, IN 47302
      View Details
    • $2,000 /Mo
      19,800 SF

      Muncie Industrial Space Available

      Industrial space available for lease in Muncie, Indiana.
      2401 S Monroe St, Muncie, IN 47302
      View Details
    • $5 SF/Yr
      15,500 SF

      Muncie Industrial Space For Lease

      15,500 SF Warehouse w/ Docks
      1111 Seymour St, Muncie, IN 47302
      View Details
    • $4 SF/Yr
      31,000 SF

      Retail Space in Muncie, Indiana

      Retail space available for rent in Muncie, Indiana.
      2006 Walnut St N Walnut, Muncie, IN 47302
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4401 Delaware Dr
    Muncie, IN 47302-9400
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.