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Financial
Distress signals
Property profile

4801 N Wheeling Ave Muncie, IN 47304

FOR SALE
Retail space
Property ID
US31-1494852
1,600 SF 0.55 ac lot Built 1970
Last sale Jan 2009 · $250,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 1,600 sq ft commercial building on a 0.55-acre outlot in Muncie, Delaware County, Indiana. The property includes a drive-thru, a vault, and prominent outdoor signage, along with ample on-site parking. The interior layout is flexible and has been used for financial and postal-related operations, with the building originally constructed as a bank branch and most recently configured as a USPS substation (“The Mailroom”). The site is positioned within a Major Trading Zone and is located as an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$128k
Assessed land$72k
Assessed improvement$56k
Effective rate3.52%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$3k
Operating expenses−$8k
NOI · 3.40% cap applied$13k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.40%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.7
Law Firm21.8
Wholesale Shop19.0

Location

4801 N Wheeling Ave Muncie, IN 47304
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2008 Mcgalliard, Muncie, IN 47304-2148 $210,000 Dec 2024 1,612 SF
5772 Kilgore, Muncie, IN 47304-4720 $140,000 Nov 2022 5,000 SF
4000 Jackson, Muncie, IN 47304-3609 $100,000 Oct 2020 3,333 SF
3311 Fox Rdg, Muncie, IN 47304-6364 $300,000 Aug 2020 4,740 SF
4200 Wheeling, Muncie, IN 47304-1201 $108,000 Jul 2020 1,699 SF
3100 Morrison, Muncie, IN 47304-5549 $2,126,125 Jan 2020 2,669 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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