Muncie, IN
Commercial Real Estate Market Trends & Data

$121 Avg asking sale price
$6,904 Avg asking lease rate
25,923 SF Avg unit lease size
33,558 SF Avg building size for sale
8.41% Average cap rate

Muncie's Demographic Profile

Muncie has 28,033 households and a median income of $41,276, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 68,662
# Households 28,033
Median age 32
Median household income $41,276
Avg household size 2.0
Renter-occupied housing units 14,333
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Muncie, IN

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Muncie $269 28,918 SF
Yorktown $469 960 SF
Daleville $32 90,550 SF
Farmland $124 37,480 SF
Chesterfield $70 51,853 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Marion $64 93,158 SF 6.45%
Richmond $88 49,725 SF 7.98%
Lawrence $95 8,043 SF 6.21%
Kokomo $277 49,541 SF 13.80%

Commercial Properties For Sale in Muncie

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Pure Energy Park

Muncie, IN 47303

  • 80,000 SF Industrial Building
  • Price Upon Request
For Sale

Star Plaza

Muncie, IN 47305

  • 41,499 SF Office Building
  • 7.18% Cap Rate
  • $3,900,000
For Sale

Red Lobster

Muncie, IN 47303

  • 6,641 SF Retail Building
  • 7.00% Cap Rate
  • $2,384,250
For Sale

DOLLAR GENERAL MARKET | 15 YEAR ABSOLUTE NET

Muncie, IN 47302

  • 10,640 SF Retail Building
  • 6.65% Cap Rate
  • $2,200,481
For Sale

$1 Auction - REIT Sale | Former Rally’s

Muncie, IN 47305

  • 762 SF Retail Building
  • $150,000
For Sale

1901 W Kilgore Ave

Muncie, IN 47304

  • 6,982 SF Industrial Building
  • $370,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Muncie pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Muncie $121 33,558 SF
Yorktown $533 55,041 SF
Daleville $32 78,252 SF
Albany $65 5,432 SF

Regional Demographic Comparison

This comparison places Muncie alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Muncie or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Muncie 68,662 28,033 32 $41,276 2 14,333 1%
Yorktown 10,692 4,270 43 $77,385 3 795 -2%
Daleville 1,577 654 42 $61,856 2 176 -2%
Gaston 553 239 40 $56,410 2 58 -10%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Muncie, IN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Muncie

View All Commercial Real Estate For Sale in Muncie
Is Muncie a good market for a first-time commercial real estate investor?

Muncie offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Muncie?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Muncie. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Muncie?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Muncie. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Muncie compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Muncie. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Muncie acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Muncie, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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