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800 S Tillotson Ave
Muncie, IN 47304
800 S Tillotson Ave · Office Property For Sale
Investment Highlights
- Prime location along White River Blvd with strong visibility.
- Surrounded by established residential, medical, and professional uses.
- Excellent access to downtown Muncie, Ball State University, and IU Health.
- Easy connectivity to major east–west corridors and local traffic routes
Executive Summary
Discover a unique opportunity along one of Muncies most scenic and well-traveled corridors. Located on White River Blvd and Tillotson Avenue, this property benefits from excellent visibility, strong traffic flow, and immediate access to both commercial amenities and recreational attractions. The site sits near the White River Greenway, a major multi-use trail system, offering a balance of accessibility and natural appeal that is rare in the market. The surrounding area includes established residential neighborhoods, medical offices, professional services, local retailers, and parks, making this an ideal location for a wide range of users. Its position provides convenient connectivity to downtown Muncie, Ball State University, IU Health Ball Memorial Hospital, and major east-west city routes. This Property is has a mix of second gen space ready for clinic use and lap equipment along with warm lit shell space for new buildout. This is a strong opportunity for an owner-user, investor, or developer looking for a well-positioned site in a steady, growing area of Muncie.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
32,235 SF
Building Class
B
Year Built/Renovated
1971/2014
Price
$4,639,300 CAD
Price Per SF
$143.92 CAD
Cap Rate
8.90%
NOI
$412,700 CAD
Percent Leased
56%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
32,235 SF
Building FAR
0.21
Lot Size
3.50 AC
Zoning
Variety Business Zone - VBZ; Variety Business Zone
Parking
181 Spaces (5.62 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 18-11-17-182-002.000-003 | Improvements Assessment | $4,367,967 CAD |
| Land Assessment | $1,062,238 CAD | Total Assessment | $5,430,205 CAD |
Property Taxes
Parcel Number
18-11-17-182-002.000-003
Land Assessment
$1,062,238 CAD
Improvements Assessment
$4,367,967 CAD
Total Assessment
$5,430,205 CAD
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