2900 N Walnut St

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2900 N Walnut St

Muncie, IN 47303-1963
Asking Price
$399K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 4.91 acres <ul><li>​4.91-acre commercial parcel with 328 feet of road frontage</li><li>​High-exposure location with excellent accessibility and visibility</li><li>​Significant concrete improvements already in place</li><li>​Zoned for warehouse, distribution, showroom, commercial storage, or flex-use</li><li>​Supports self-storage or multi-use commercial facility development</li><li>​Offered below market value at $81,263 per acre</li><li>​Ready-to-adapt site with existing infrastructure</li></ul>

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NOI
$80,000
Cap Rate
20.05%
DSCR
3.38
Strong
Cash-on-Cash
47.04%
Monthly Payment
$1,974.034
Annual Cash Flow
$56,311.588

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