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705 E McGalliard Rd 0.32 Acres of Commercial Land Offered at $250,000 in Muncie, IN 47303
Executive Summary
McGalliard Road 120’ of frontage, 2 lots 60 x 115 each with Billboard Income. Prime redevelopment parcel adjacent to and across from multiple retail uses. Across from the soon to be redeveloped Muncie Mall. The two lots fronting McGalliard are vacant except for a billboard which generates $3500 in annual income.
There are two rear lots located on Dunn Ave which can be purchased as well. (Total price of all 4 lots with 2 rental houses is $450,000). Interior of rentals can be accessed upon an accepted offer during due diligence period. Frontage lots zoned BV Variety Business and rear 2 lots zoned R3 Residential.
There are two rear lots located on Dunn Ave which can be purchased as well. (Total price of all 4 lots with 2 rental houses is $450,000). Interior of rentals can be accessed upon an accepted offer during due diligence period. Frontage lots zoned BV Variety Business and rear 2 lots zoned R3 Residential.
Property Facts
| Price | $250,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.32 AC |
| Price | $250,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.32 AC |
1 Lot Available
Lot
| Price | $250,000 | Lot Size | 0.32 AC |
| Price Per AC | $781,250.00 |
| Price | $250,000 |
| Price Per AC | $781,250.00 |
| Lot Size | 0.32 AC |
McGalliard Road 120’ of frontage, 2 lots 60 x 115 each with Billboard Income. Prime redevelopment parcel adjacent to and across from multiple retail uses. Across from the soon to be redeveloped Muncie Mall.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 18-11-03-178-005.000-003 | Improvements Assessment | $0 |
| Land Assessment | $82,800 | Total Assessment | $82,800 |
Property Taxes
Parcel Number
18-11-03-178-005.000-003
Land Assessment
$82,800
Improvements Assessment
$0
Total Assessment
$82,800
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705 E McGalliard Rd
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