Property profile

4949 Hessler Rd Muncie, IN 47304

OFF-MARKET
Outlet malls
Property ID
US31-1696878
10,294 SF 2 ac lot Built 2005
Entity Owned 10-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2005
Construction TYPE NOT SPECIFIED
Total area 10,294 SF
Lot 2 ac (87,120 SF)
APN 18-10-01-226-007.000-031
UPID US31-1696878

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
  • Auto Parts Store

Location

4949 Hessler Rd Muncie, IN 47304-9519
Muncie metro Census 2404 MUNCIE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$952k
Blend (final) Blend
$690k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $940,000 +53.3%
Auto repair, garage $885,000 +44.5%
Medical building $775,000 +26.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4949 Hessler Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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