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    Property profile & analytics

    Cowan Rd Muncie, IN 47302

    • Industrial land
    • 30.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 16, 2021
    Location Intelligence
    Property ID
    US31-2565667
    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

    • Industrial land

    Property Details for Cowan Rd

    Lot size
    30.28 lot acres
    Property type
    Industrial land
    APN
    18-11-32-200-005.000-012
    APU
    181132200005000012

    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
    -85.4075
    Latitude
    40.1444
    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
    $10,896
    $572,400
    $0.00
    $572,400
    -
    $572,400
    $0.00
    $572,400

    Comparable in this City

    • Value Estimation by Request
      1.04 Acres

      3920 Blk S Cowan Rd

      INDUSTRIAL - VACANT LAND • 1.04 Acres
      3920 Blk S Cowan Rd, Muncie, IN 47302
      View Details
    • Value Estimation by Request
      21.86 Acres

      Blk W Mt Pleasant Blvd 2421st W

      INDUSTRIAL - VACANT LAND • 21.86 Acres
      Blk W Mt Pleasant Blvd 2421st W, Muncie, IN 47302
      View Details
    • Value Estimation by Request
      1.13 Acres

      9501 Ctr Rd

      INDUSTRIAL - VACANT LAND • 1.13 Acres
      9501 Ctr Rd, Muncie, IN 47302-9443
      View Details
    • Value Estimation by Request
      0.17 Acres

      317 Willard St

      INDUSTRIAL - VACANT LAND • 0.17 Acres
      317 Willard St, Muncie, IN 47302-2373
      View Details
    • Value Estimation by Request
      0.04 Acres

      505 Wolfe St

      INDUSTRIAL - VACANT LAND • 0.04 Acres
      505 Wolfe St, Muncie, IN 47302-2679
      View Details
    • Value Estimation by Request
      0.13 Acres

      515 Wolfe St

      INDUSTRIAL - VACANT LAND • 0.13 Acres
      515 Wolfe St, Muncie, IN 47302-2679
      View Details

    Similar Nearby for Sale

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      Net Leased Muncie Retail Property

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      Muncie Industrial Land - 23 Acres

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    Similar Nearby for Lease

    • $2,000 /Mo
      19,800 SF

      Muncie Industrial Space Available

      Industrial space available for lease in Muncie, Indiana.
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    • $1.00 SF/Yr
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      Muncie Industrial Space Available

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      View Details
    • $4 SF/Yr
      31,000 SF

      Retail Space in Muncie, Indiana

      Retail space available for rent in Muncie, Indiana.
      2006 Walnut St N Walnut, Muncie, IN 47302
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    • $3 SF/Yr
      470,000 SF

      Muncie Warehouse and Manufacturing Space

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    • $5 SF/Yr
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      Muncie Industrial Space For Lease

      15,500 SF Warehouse w/ Docks
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    • $10 SF/Yr
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      Shoppes at Southside Retail Center

      Muncie, IN Retail Space Available
      3600 Chandler Dr, Muncie, IN 47302
      View Details
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    Cowan Rd
    Muncie, IN 47302
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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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