15018 Greyhound, Carmel, IN 46032
SINGLE_FAMILY - Carmel, IN
- Added:
- Jun 30, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 3 at 3:06 am
Property Features for 15018 Greyhound
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- General Business (GB)
- Standard status
- Active
- APN
- 290913000012026015
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Acreage 1.00, Section 13, Township 18, Range 3
Building Details
- Year built
- 1986
Listing agent Jaskaran Jossan License #RB21000870 (317) 882-5900
Listing office Keller Williams Indy Metro Partners N Emerson Ave Ste 300 48, Greenwood, IN (317) 882-5900
Listing date Jun 30, 2026
Copyright © 2026 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.
HighLights
- Freestanding commercial building on a full 1.00‑acre lot (approx. 5,403 SF) built in 1986
- Previously used as an animal hospital with a veterinary‑style interior layout
- 20 existing surface parking spaces, with room to expand parking on‑site if needed
- Dedicated monument signage included
- Suitable for veterinary, medical, dental, daycare, med spa, or professional office use (per prior design/layout)
- Located in the Carmel–Westfield corridor near major retail anchors including Target, Walmart Supercenter, Lowe's, Menards, Kohl's, ALDI, Best Buy, and Clay Terrace
Overview
The property is positioned near major retail anchors including Target, Walmart Supercenter, Lowe's, Menards, Kohl's, ALDI, Best Buy, and Clay Terrace. Access is supported by 20 existing surface parking spaces, with additional parking expansion space available on the lot.
With General Business (GB) zoning, the building offers a practical fit for operators seeking a freestanding option for a veterinary user or a professional service business such as a medical office, dental office, daycare, med spa, or professional office. The existing interior layout provides a foundation for similar uses, while the on-site parking supply supports day-to-day customer and staff access. Buyers may also consider the property’s freestanding nature and parking plan as they evaluate appropriate service-based tenancy.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.5k | $21.00 |
| − Vacancy | −$20.4k | −$3.78 |
| EGI | $93.0k | $17.22 |
| − OpEx | −$23.3k | −$4.31 |
| NOI | $69.8k | $12.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carmel
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.128837
- Latitude
- 40.005864
