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    3744 W 97Th St Carmel, IN 46032

    Pending
    For Sale
    $400,000

    Office - Carmel, IN

    Type:Office
    Lot size:
    0.83 Acres
    Days on Market:
    502
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 3744 W 97Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Pending
    Zoning
    Residential
    APN
    291307402023000018
    Lot size
    0.83 Acres

    Building Details

    Year built
    1955
    Architectural style
    Other

    REAL BROKER, LLC (317) 614-5445 [email protected]

    Listing agent Phillip Lande (317) 794-2827 License #RB14010314

    Listing date Jul 30, 2024

    MLS# 21894759 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carmel Land Ready For Development

    This property, currently residential, is located in Carmel, Indiana. The local authorities intend for the entire block to transition to commercial use, and this unit is being sold as a commercial property. The lot size is 0.83 acres. This property may be purchased in conjunction with two other properties located at 3750 W 97th St & 3745 W 98th Street as a package.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Bell Techlogix, Rofori Corporation, Language Access Network, Egis IT Security LLC, Indiana's Tech Support

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.228745
    Latitude
    39.928238

    Nearby Similar for Sale

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      Carmel Office Property For Sale

      Commercial property in Carmel, Indiana, suitable for office conversion.
      3750 W 97Th St, Carmel, IN 46032
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      Carmel Office Suites Available

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      Move-in ready townhome with pond views, close to amenities.
      11777 Harvard Ln, Carmel, IN 46032
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    • $409,900
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      East Carmel Townhome with Upgrades

      Two-year-old, 3-bedroom townhome in East Carmel's Windward at Legacy.
      6858 Equality Blvd, Carmel, IN 46033
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      2,397 SF

      Carmel Retail Condominiums For Sale

      Three ground floor retail condominiums available in Carmel, Indiana.
      7015 E 146Th St, Carmel, IN 46032
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    • Contact for pricing
      8,700 SF

      Carmel Drive Office/Medical Space

      Prime location with great visibility and impressive demographics.
      277 E Carmel Dr | Carmel, Carmel, IN 46032
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Carmel property designated for commercial development, sold as commercial.
    Where is this office property / space located?
    The property is located at 3744 W 97Th St Carmel, IN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Zoned for Commercial Use: Aligning with Carmel's vision.; - Potential for Redevelopment: Contribute to the area's commercial transformation.; - Package Deal Option: Can be purchased with adjacent properties for a combined price of $1,175,000.
    (317) 794-2827
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    3744 W 97Th St Carmel, IN 46032
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    Carmel, IN 46032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3744 W 97Th St Carmel, IN 46032
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