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    12590 N Meridian St Carmel, IN 46032

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    For Lease
    Contact for pricing

    Retail spaces available in Carmel with high visibility.

    Property size:
    2,950 SF
    Lot size:
    2.35 Acres

    Property Features for 12590 N Meridian St

    General Information

    Size
    2,950 SF
    Lot size
    2.35 Acres

    Source: Colliers Agent Stephen W. Daum

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carmel Retail Space For Rent

    Available for lease are retail spaces of approximately 1,200 SF, 2,950 SF, and 3,209 SF. The property benefits from a strong presence on US-31, offering prominent visibility. It is situated amidst an affluent and growing residential base and is strategically located between the IU North and St. Vincent Carmel Hospital campuses. Over 1,000 hospital beds are located north of I-465 on the Meridian Corridor. The location is surrounded by more than 6 million SF of office space within a 3-mile radius. The traffic count on Meridian Street is 46,404 vehicles per day. The property is adjacent to the Platform 24 coworking center. Current tenants include Amber Indian Restaurant and La Hacienda, with 30 Minute Hit coming soon. There are over 2,000 hotel rooms north of I-465 on Meridian Corridor.
    Location Intelligence

    Current Use by Public Records

    Gold Mortgage Group Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1601127
    Latitude
    39.9715028

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available in Carmel with high visibility.
    Where is this retail space located?
    The property is located at 12590 N Meridian St Carmel, IN.
    What are key features of this property?
    This property features: - Strong US-31 presence with prominent visibility; - Traffic count on Meridian Street: 46,404 vehicles per day; - Strategically located between IU North & St. Vincent Carmel Hospital campuses with over 1,000 hospital beds north of I-465 on Meridian Corridor
    (317) 557-5892
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    12590 N Meridian 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
    12590 N Meridian St Carmel, IN 46032
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