1407 McgalliardMuncie, IN 47304

  • Strip malls
  • 142,628 SF
Off market

Property Details for 1407 Mcgalliard

Year built
1956
Construction
TYPE NOT SPECIFIED
Lot size
13.07 AC
Property size (Sq ft)
142,628 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
18-11-04-151-003.000-003
APU
181104151003000003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,871,600
    6.5%
    $21,112,200
    7%
    $19,604,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,697,900
    Geo Method
    $18,421,500
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $41,091,400
    Mixed-Use / Specialty
    $21,069,100
    Hospitality / Lodging
    $15,499,500
    Office
    $20,977,300
    Institutional / Educational
    $21,914,800
    Residential Income
    $25,640,300
    Multifamily
    $30,573,600
    Automotive / Energy
    $18,784,100
    Parking / Income-Based Land
    $6,450,450
    Restaurant / Food Service
    $11,026,700
    Healthcare / Senior Housing
    $21,573,000

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.2178
Longitude
-85.4041
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
$298,783
$4,608,200
$4,620,800
$9,229,000
-
$4,608,200
$4,620,800
$9,229,000

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