Property profile

5035 Hessler Rd Muncie, IN 47304

OFF-MARKET
Outlet malls
Property ID
US31-2207802
15,600 SF 2.08 ac lot Built 2009
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2009
Construction TYPE NOT SPECIFIED
Total area 15,600 SF
Lot 2.08 ac (90,605 SF)
APN 18-10-01-226-010.000-031
UPID US31-2207802

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5035 Hessler Rd Muncie, IN 47304-8960
Muncie metro Census 2404 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
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2019
Price N/A
2009
Price N/A
2009
Price N/A
2009
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.3M +44.5%
Medical building $1.2M +26.8%
Commercial (general) $1.0M +7.8%

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
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