Development Site--Nebo Commons 3.04 Acres

Hometown Blvd, Muncie, Indiana 47304

  • Property Subtypes Retail-Pad
  • Sale Price $380,000.00 Total
  • Class of Space N/A
  • Total Land Size 3.04 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 11/28/2018
  • Days on Market 891 Days
  • Status active

Overview / Comments

Commercial lots available. Great location at THE BEST retail corner in Muncie! This is an opportunity to take advantage of the exposure on State Road 332 and join American Chevrolet and Muncie Kia in Nebo Commons. Nebo Commons is Muncie's newest commercial development, located at the entrance to Muncie, Yorktown and Ball State University. This is the first major retail development area east of Interstate 69 including Menards, Meijer, 3 existing Auto dealerships and one under development and a Harley Davidson Dealership. Close proximity to the higher demographic residential housing areas in western Delaware County and Yorktown. This is a frontage lot on St Rd 332 and priced at $195,000 per acre. Lot sizes can vary depending on need. Frontage lots on State Road 332 are priced at $195,000 per acre and lots on the southside of Hometown Blvd not fronting on State Road 332 are priced at $125,000 per acre. This commercial development is located in the southwest quadrant of State Road 332 (McGalliard RD) and Nebo Road (CR 400W).

Additional Details

  • Street Address Hometown Blvd
  • City/Municipality Muncie
  • Postal Code 47304
  • Unit Lot 5
  • State Indiana
  • Country United States
  • Nearest MSA Muncie
  • County Delaware
  • Submarket Type N/A
  • Tax ID/APN 181002200003000016
  • Property Visibility Excellent
  • Zoning Description Business Variety

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