Technical
Financial
Distress signals
Property profile

4701 Cowan Rd Muncie, IN 47302

OFF-MARKET
Manufacturing properties
Property ID
US31-1552859
151,672 SF 42.83 ac lot Built 2005
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2005
Construction TYPE NOT SPECIFIED
Total area 151,672 SF
Lot 42.83 ac (1,865,675 SF)
APN 18-11-29-400-004.000-002
UPID US31-1552859

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
  • Industrial Manufacturer Production Facility
  • Atm
  • Employment Agency

Location

4701 Cowan Rd Muncie, IN 47302-9560
Muncie metro Census 1700 MUNCIE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.27M
Blend (final) Blend
$15.03M

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2023
Price N/A
2008
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $16.7M +87.7%
Retail stores $15.0M +68.2%
Restaurant $14.5M +63.4%

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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