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    12505 Old Meridian St Carmel, IN 46032

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    For Lease
    Contact for pricing

    Retail suite in high-traffic area near Meijer.

    Property size:
    2,430 SF
    Lot size:
    1.24 Acres

    Property Features for 12505 Old Meridian St

    General Information

    Size
    2,430 SF
    Lot size
    1.24 Acres

    Source: Alo Property Group Agent Gary Perel

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

    Overview

    Retail End Cap Suite Available

    This ±2,430 square foot end cap retail suite, formerly a Huntington Bank, offers existing infrastructure suitable for financial or service-oriented businesses. Situated directly across from Meijer, the location benefits from high daily traffic of 9,866 vehicles per day. The property is located in the Providence on Old Meridian community, characterized by its walkability. It features strong visibility and signage potential, along with excellent access and abundant parking. The surrounding area includes high-density residential, retail, and office developments. The location benefits from a 3-mile population of 70,111 with an average household income of $186,096.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Buckingham Construction General Contractor Huntington Mortgage Group Mortgage Lender Athletico Physical Therapy ... Physical Therapy Clinic Reforming Indy Pilates ... Pilates Studio King Dough Carmel Pizza Restaurant

    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
    -86.1514612
    Latitude
    39.9714457

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    FAQs

    What type of property is this?
    Retail space - Retail suite in high-traffic area near Meijer.
    Where is this retail space located?
    The property is located at 12505 Old Meridian St Carmel, IN.
    What are key features of this property?
    This property features: - High daily traffic (9,866 VPD) due to location directly across from Meijer.; - Located in a high-income area with an average household income of $186,096 within a 3-mile radius.; - Strong visibility and signage potential.
    (317) 698-8446
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    12505 Old 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
    12505 Old Meridian St Carmel, IN 46032
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