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Property profile & analytics
OFF-MARKET Estimated value $505,000
Strip malls

800 Mcgalliard Rd Muncie, IN 47303-2081

15,100 SF 5.48 ac lot Built 1979
Entity Owned 12-yr Hold Free & Clear
Property ID
US31-2100594
Property summary
AI-generated overview

McGalliard Mall Shoppes presents a unique investment opportunity in Delaware County. This single-story, 57,492 square foot retail center offers a diverse range of possibilities for multiple tenants. Currently, 41,842 square feet are available for lease, providing significant flexibility for businesses seeking space in a high-traffic location. The minimum leasable unit is 3,000 square feet, while the maximum contiguous space available is 9,000 square feet. The property's zoning, BV - Variety Business, allows for a variety of uses, including but not limited to day care facilities, street retail, convenience stores, mixed-use developments, taverns, bars, nightclubs, and other retail establishments. The property's APN is 18-07-34-377-025.000-003. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The building's single-story design offers ease of access and efficient use of space. This is an exceptional opportunity to secure prime retail space in a thriving Delaware County location. Contact us today to learn more about leasing opportunities and explore the potential of this versatile property. Serious inquiries only.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1979
Construction TYPE NOT SPECIFIED
Total area 15,100 SF
Lot 5.48 ac (238,709 SF)
APN 18-07-34-377-025.000-003
UPID US31-2100594
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Mc Galliard Guns & More Shooting Range Gun Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
$676k
Blend (final) Blend
$505k
Owner & transaction history
S I Muncie Inv Partners I LLC · 12 yrs held
S I Muncie Inv Partners I LLC
since 2014
3 recorded transactions
2014
Price N/A
2012
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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