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    Property profile & analytics

    5001 Wheeling Ave Muncie, IN 47304-5884

    • Office Properties & Spaces
    • 3,586 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Dec 18, 2024
    Location Intelligence
    Property ID
    US31-2541182
    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

    • Gonzales Brothers HVAC Service / Furnace Repair Service / Air Conditioning Contractor
    • Blakely J / Insurance Agency
    • Eden Home Services Corp. / Construction Company / Electrician

    Property Details for 5001 Wheeling Ave

    Year built
    1953
    Construction
    WOOD
    Lot size
    0.90 lot acres
    Property size
    3,586 SF
    Property type
    Office Properties & Spaces
    APN
    18-07-29-451-002.000-007
    APU
    180729451002000007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.4125
    Latitude
    40.2347
    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
    $2,772
    $36,100
    $69,200
    $105,300
    -
    $36,100
    $69,200
    $105,300

    Comparable in this City

    • Value Estimation
      $325,000
      2,144 SF

      3718 Wheeling Ave

      OFFICE (GENERAL) • 2,144 SF
      3718 Wheeling Ave, Muncie, IN 47304-1766
      View Details
    • Value Estimation
      $315,000
      5,796 SF

      3500 Wheeling Ave

      OFFICE (GENERAL) • 5,796 SF
      3500 Wheeling Ave, Muncie, IN 47304-2042
      View Details
    • Value Estimation by Request
      6,000 SF

      3000 White Riv Blvd

      OFFICE (GENERAL) • 6,000 SF
      3000 White Riv Blvd, Muncie, IN 47304-4537
      View Details
    • Value Estimation by Request
      8,700 SF

      3601 Everbrook Ln

      OFFICE (GENERAL) • 8,700 SF
      3601 Everbrook Ln, Muncie, IN 47304-5220
      View Details
    • Value Estimation
      $390,000
      7,096 SF

      3410 Fox Rdg Ln

      OFFICE (GENERAL) • 7,096 SF
      3410 Fox Rdg Ln, Muncie, IN 47304-5203
      View Details
    • Value Estimation
      $360,000
      2,400 SF

      5820 Kilgore Ave

      OFFICE (GENERAL) • 2,400 SF
      5820 Kilgore Ave, Muncie, IN 47304-4781
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,025 SF

      Muncie Executive Office Space For Sale

      Prime Muncie office, 6,025 SF, lease options.
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      Muncie Office Space Available

      Office property for sale in Muncie, Indiana.
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    • $370,000
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      Remodeled Medical Space Available

      Medical office space remodeled in 2014, suitable for various practices.
      2106 W Mcgalliard Rd, Muncie, IN 47304
      View Details
    • $750,000
      0.62 Acres

      Muncie Office Building For Sale

      Well-maintained office building in a prime commercial corridor.
      3621 N Everbrook Ln, Muncie, IN 47304
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    • $325,000
      5,327 SF

      Office Building on West McGalliard

      Office building with high exposure on West McGalliard Road.
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      Muncie Office Building For Sale

      Office building available for purchase in Muncie, Indiana.
      3607 N Wheeling Ave, Muncie, IN 47304
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    Similar Nearby for Lease

    • $11 SF/Yr
      6,300 SF

      Muncie Office Space: 1,000 SF Available

      Prime Muncie location, modern office, NNN lease.
      3621 Everbrook Ln, Muncie, IN 47304
      View Details
    • $12 SF/Yr
      6,960 SF

      Muncie Office Suite for Lease

      Prime Muncie location, 940 sq ft office suite.
      2810 Ethel Ave, Muncie, IN 47304
      View Details
    • $14 SF/Yr
      1,600 SF

      Muncie Retail Space with Drive-Thru

      Versatile commercial space with drive-thru, signage, and ample parking.
      4801 N Wheeling Ave, Muncie, IN 47304
      View Details
    • $1,088 /Mo
      1,088 SF

      Muncie Co-Work Space Available

      Co-work space available on Muncie's Northwest side.
      1714 W Royale Dr, Muncie, IN 47304
      View Details
    • $2,375 /Mo
      10,241 SF

      Muncie Retail or Office Space

      Retail or office space near Tillotson, IU Hospital, and Ball State.
      2902 W White River Blvd, Muncie, IN 47304
      View Details
    • Contact for pricing
      3,544 SF

      Muncie Medical Office Space For Lease

      Prime Medical Office, 3,544 SF Available
      3631 Morrison Rd, Muncie, IN 47304
      View Details
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    Muncie, IN 47304-5884
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    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
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