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2900 N Walnut Street

Muncie, IN 47303

ActiveListed Apr 28, 2026 · 135 days on market

Key facts

Lot
4.91 acres
Type
Land · Unimproved Land
MLS #
22098529
County
Delaware
Subdivision
No Subdivision

About this home

Prime commercial opportunity with scale, visibility, and flexibility-this 4.91-acre parcel delivers the footprint serious investors and developers are searching for. Positioned at a high-exposure location, the property boasts approximately 328 feet of valuable road frontage, offering excellent accessibility and strong presence for any future project. The parcel is situated to the right side of the existing black building (address may reflect the main structure), with a portion already fenced and significant concrete improvements in place-including additional concrete extending along the right side, adding immediate utility and cost savings for development. This setup creates a rare advantage for users seeking a ready-to-adapt site. Zoned for a wide range of potential commercial applications, this property is ideal for warehouse development, mail-order/distribution operations, showroom space, commercial storage, or flex-use concepts. The size and layout also support self-storage development or a multi-use commercial facility, subject to city approvals and variance requirements. Offered below market value, this is a strategic acquisition for investors, owner-users, or developers looking to capitalize on a large, well-positioned tract with existing improvements and infrastructure in place. Bring your vision-opportunities of this scale, frontage, and pricing are increasingly rare. Buyer to verify zoning, permitted uses, and any variance requirements with the local municipality.

Description provided by the listing brokerage.

Exterior

Fencing
Chain Link
Other structures
No Building

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Commercial

Schools

School district
Muncie Community Schools

Taxes

Estimated annual tax
$10,138 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,920per month, estimated
Principal and interest $1,941Property tax $845Insurance $135
20% · $77,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$385,000
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