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    10725 N Michigan Rd Carmel, IN 46032

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    For Lease
    Contact for pricing

    Retail space available in Kroger anchored shopping center.

    Property size:
    4,000 SF
    Lot size:
    0.50 Acres

    Property Features for 10725 N Michigan Rd

    General Information

    Size
    4,000 SF
    Lot size
    0.50 Acres

    Source: Niessink Commercial Agent Karli Ricketts

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

    Overview

    Retail Space in Kroger Center

    This retail space is located within a Kroger-anchored shopping center. The property benefits from its frontage on Michigan Road, which sees over 28,000 vehicles per day. The surrounding area features a median household income of $144,000 and a population that is 70% college educated. The available space is 4,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Speck's Pet Supplies Pet Supply Store

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk, Technicolor distributed by OFG Products, Coinstar Kiosk | Bitcoin ATM, Weston shoppes

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.236432
    Latitude
    39.942935

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Kroger anchored shopping center.
    Where is this shopping center located?
    The property is located at 10725 N Michigan Rd Carmel, IN.
    What are key features of this property?
    This property features: - Kroger Anchored Shopping Center; - Michigan Road Frontage to 28,000+ Vehicles Per Day; - $144,000 Med HH Income
    (317) 735-0077
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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
    10725 N Michigan Rd Carmel, IN 46032
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