Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Approximately 1.5 acres on the corner is zoned Business Variety and can be purchased for $250,000. +/- 10.16 acres is zoned R-5 residential (multi-family).

Financial Summary (Actual - 2025)

Annual Annual Per AC
Taxes $497 $38.89
Operating Expenses - -
Total Expenses $497 $38.89

Financial Summary (Actual - 2025)

Taxes
Annual $497
Annual Per AC $38.89
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $497
Annual Per AC $38.89

Property Facts

Price $504,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 12.78 AC
Zoning BV and R-5 - Approximately 1.5 acres at corner zoned Business Variety. Remaining acreage zoned R-5 (multi-family)

1 Lot Available

Lot

Price $504,000
Price Per AC $39,436.62
Lot Size 12.78 AC

12.78 acres located at the southwest corner of Riggin Road and N. Old SR 3 in Muncie. Utilities are available. Will Divide.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
18-07-34-226-001.000-003
Land Assessment
$22,500
Improvements Assessment
$0
Total Assessment
$22,500
Annual Taxes
$497
Tax Year
2025
  • Listing ID: 39388747

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 4703 N State Road 3, Muncie, IN 47303

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}