Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5820 Kilgore Ave Muncie, IN 47304-4781

    • Office Properties & Spaces
    • 2,400 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    May 13, 2022
    Location Intelligence
    Property ID
    US31-1745654
    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

    • Wiese USA - Muncie / Forklift Dealer

    Property Details for 5820 Kilgore Ave

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.68 lot acres
    Property size
    2,400 SF
    Property type
    Office Properties & Spaces
    APN
    18-10-13-328-011.000-016
    APU
    181013328011000016

    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
    -85.4538
    Latitude
    40.1814
    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
    $10,803
    $44,400
    $294,100
    $338,500
    -
    $44,400
    $294,100
    $338,500

    Comparable in this City

    • Value Estimation by Request
      15,554 SF

      3412 Kilgore Ave

      OFFICE (GENERAL) • 15,554 SF
      3412 Kilgore Ave, Muncie, IN 47304-4842
      View Details
    • Value Estimation by Request
      1,866 SF

      1853 Kilgore Ave

      OFFICE (GENERAL) • 1,866 SF
      1853 Kilgore Ave, Muncie, IN 47304-4925
      View Details
    • Value Estimation by Request
      2,688 SF

      Muncie, IN 47304

      OFFICE (GENERAL) • 2,688 SF
      Muncie, IN 47304
      View Details
    • Value Estimation by Request
      184,825 SF

      2400 Bethel Ave

      OFFICE (GENERAL) • 184,825 SF
      2400 Bethel Ave, Muncie, IN 47304-2116
      View Details
    • Value Estimation by Request
      39,179 SF

      2501 Oakwood Ave

      OFFICE (GENERAL) • 39,179 SF
      2501 Oakwood Ave, Muncie, IN 47304-2376
      View Details
    • Value Estimation by Request
      2,508 SF

      6207 Taylor Rd

      Office Properties & Spaces • 2,508 SF
      6207 Taylor Rd, Muncie, IN 47304
      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.
      3000 White River Blvd, Muncie, IN 47304
      View Details
    • $464,558
      2,216 SF

      Muncie Office Space Available

      Office property for sale in Muncie, Indiana.
      3701 N Everett Rd, Muncie, IN 47304
      View Details
    • $370,000
      2,106 SF

      Remodeled Medical Space Available

      Medical office space remodeled in 2014, suitable for various practices.
      2106 W Mcgalliard Rd, Muncie, IN 47304
      View Details
    • $940,000

      Muncie Office Building For Sale

      Office building available for purchase in Muncie, Indiana.
      3607 N Wheeling Ave, 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
      View Details
    • $325,000
      5,327 SF

      Office Building on West McGalliard

      Office building with high exposure on West McGalliard Road.
      5100 W Bradburn Dr, Muncie, IN 47304
      View Details

    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
    • $17 SF/Yr
      32,806 SF

      Muncie Commercial Space For Rent

      2,400 sqft space suitable for medical, office, or retail.
      4197 W Clara Ln, Muncie, IN 47304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5820 Kilgore Ave
    Muncie, IN 47304-4781
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.