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Financial
Distress signals
Property profile

916 South Burlington Dr Muncie, IN 47302

FOR SALE
Warehouses
Property ID
US31-1359948
16,000 SF 4.57 ac lot Built 1953
Last sale Jul 2010 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
916 South Burlington Dr, Muncie, IN 47302 For Sale 1 / 2
Contact for pricing 16,000 SF
916 South Burlington Dr, Muncie, IN 47302
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$246k
Assessed land$121k
Assessed improvement$125k
Effective rate4.23%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$305k
NOI build-up
Gross scheduled income$771k
Vacancy & credit loss−$72k
Operating expenses−$209k
NOI · 96.81% cap applied$489k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
96.81%
$489k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage15.0
Restaurant13.3
Nail Salon12.7

Location

916 South Burlington Dr Muncie, IN 47302
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 16 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1300 Gilman, Muncie, IN 47302-1624 $190,000 May 2024 6,175 SF
3690 Hoyt, Muncie, IN 47302-4900 $350,000 Feb 2024 10,000 SF
2401 Monroe, Muncie, IN 47302-4227 $273,500 Dec 2022 11,520 SF
3655 Cowan, Muncie, IN 47302-9219 $249,000 Feb 2020 8,826 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $720,000
    18,240 SF
    5101 County Rd 400th S
    MANUFACTURING (LIGHT)
    5101 County Rd 400th S, Muncie, IN 47302-8984
    View Details
  • Value Estimation
    $520,000
    27,530 SF
    4505 Walnut St
    WAREHOUSE, STORAGE
    4505 Walnut St, Muncie, IN 47302-8764
    View Details
  • Value Estimation
    $3,090,000
    32,764 SF
    200 Blk E 1st St 800th Mulberry Jefferson S
    HEAVY INDUSTRIAL
    200 Blk E 1st St 800th Mulberry Jefferson S, Muncie, IN 47302
    View Details
  • Value Estimation
    $695,000
    36,000 SF
    3701 Cowan Rd
    MANUFACTURING (LIGHT)
    3701 Cowan Rd, Muncie, IN 47302-9107
    View Details
  • Value Estimation
    $1,040,000
    44,000 SF
    1901 26th St
    WAREHOUSE, STORAGE
    1901 26th St, Muncie, IN 47302-9313
    View Details
  • Value Estimation
    $550,000
    4,605 SF
    2500 Blk S Mulberry St
    INDUSTRIAL (GENERAL)
    2500 Blk S Mulberry St, Muncie, IN 47302
    View Details

Similar Nearby for Sale

  • Contact for pricing
    13,562 SF
    Renovated Flex Space
    Office, warehouse, and light manufacturing areas provide a mix of administrative and production space.
    3121 S Walnut St, Muncie, IN 47302
    View Details
  • New
    $750,000
    19,800 SF
    Muncie Industrial Property with Upgrades
    Multi-tenant industrial property in Muncie with recent upgrades and high potential.
    2401 S Monroe St, Muncie, IN 47302
    View Details
  • Contact for pricing
    21,818 SF
    Warehouse with Fenced Lot
    Warehouse/shop with office, fenced lot, and drive-in doors.
    703 W 13th St, Muncie, IN 47302
    View Details
  • $449,900
    11,404 SF
    Flex Space with Office and Warehouse
    High-clearance commercial space combines warehouse capacity with an attached office and showroom.
    203 E 24th St, Muncie, IN 47302
    View Details
  • Contact for pricing
    224,000 SF
    Muncie Industrial Facility For Sale
    224,000 SF industrial facility with strategic Midwest distribution access.
    1401 E Memorial Dr, Muncie, IN 47302
    View Details
  • $139,900
    0.78 Acres
    Operational Manufacturing Property
    Working machine shop with a separate rental dwelling, pole barn, fencing, and outdoor commercial space.
    313 W 5th Street, Muncie, IN 47302
    View Details

Similar in This City for Lease

  • New
    Contact for pricing
    14,000 sqft
    Flex Space with Fenced Yard
    Industrial flex facility with secured outdoor storage, substantial power, drive-in access, and dedicated office support.
    3701 E McGalliard Rd, Muncie, IN 47303
    View Details
  • Contact for pricing
    13,562 sqft
    Renovated Flex Space
    The layout brings together new office suites, warehouse capacity and areas suited to light manufacturing.
    3121 S Walnut St, Muncie, IN 47302
    View Details
  • Contact for pricing
    40,000 sqft
    Muncie Warehouse Space Available
    40,000 SF warehouse space for lease in Muncie.
    501 W Air Park Dr, Muncie, IN
    View Details
  • $9 SF/Yr
    75,764 sqft
    Modern Flex Building with Backup Power
    Climate-controlled flex space with offices, training areas, server rooms, and employee amenities.
    4501 N Superior Dr, Muncie, IN 47303
    View Details
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