Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    14550 Mundy Dr Noblesville, IN 46060

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic Noblesville retail space available.

    Lot size:
    49,658 SF

    Property Features for 14550 Mundy Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,658 SF

    Spaces For Lease

    at 14550 Mundy Dr, Noblesville, IN 46060 Contact us

    We can help!

    Listing Contact
    Shawn Heffern
    Shawn Heffern

    Listing Agency: Midland Atlantic Properties - Indianapolis Listing Agent: Shawn Heffern

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 1.14-acre outlot presents a prime retail leasing opportunity in Noblesville, Indiana. Strategically located at 14550 Mundy Drive, this single-tenant property boasts unparalleled visibility and accessibility. Situated along the busy intersection of State Road 37 and 146th Street, this location ensures high traffic volume and significant exposure to potential customers. The property's classification as a retail center within Hamilton County makes it ideal for a variety of businesses seeking a prominent presence in a thriving community. The expansive 1.14-acre lot offers ample space for development and customization to suit specific business needs. This is a rare opportunity to secure a highly visible and accessible retail space in a rapidly growing area of Noblesville. The property's location offers easy access for customers and employees alike, with convenient access to major roadways. The single-tenant nature of the property provides flexibility and control for the lessee. This property is zoned for retail use and is ready for immediate occupancy. Don't miss this chance to establish your business in a prime Noblesville location. Contact us today to learn more about this exceptional leasing opportunity. The property is located in the 46060 zip code.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Godby Home Furnishings Furniture & Home Goods

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Noblesville
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0011996
    Latitude
    39.9995117

    Nearby Similar for Lease

    • $4,270 /Mo
      2,050 SF

      Flex Space in Bergen Business Park

      Recently completed flex/warehouse/office space for lease in Noblesville, IN.
      14226 Bergen Blvd, Noblesville, IN 46060
      View Details
    • $16 SF/Yr
      2,088 SF

      Industrial Suite Near Interstate 69

      2,088 SF industrial suite near I-69 in Noblesville, IN.
      10340 Pleasant St, Noblesville, IN 46060
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space in Noble West

      Retail space available in a large-scale development.
      14675 Hazel Vw Rd, Noblesville, IN
      View Details
    • Contact for pricing
      75,000 SF

      Industrial Space in Noblesville, Indiana

      75,000 SF industrial space available for lease in Noblesville.
      14525 Getz Rd, Noblesville, IN 46060
      View Details
    • Contact for pricing
      75,000 SF

      Industrial Space in Noblesville, Indiana

      75,000 SF industrial space available for lease in Noblesville.
      14429 Getz Rd, Noblesville, IN 46060
      View Details
    • $45 SF/Yr

      Noblesville Specialty Property for Rent

      Specialty property available for rent in Noblesville, Indiana.
      32 & Hazel Dell Pkwy, Noblesville, IN 46062
      View Details
    • Contact for pricing
      2,340 SF

      Adaptable Flex Space Near Trail

      Flexible retail, service, or office space near Nickel Plate Trail.
      1104 S 8Th St, Noblesville, IN 46060
      View Details
    • Contact for pricing
      2,500 SF

      Freestanding Office Building For Rent

      Turnkey office space in Noblesville, with ample parking.
      5520 Pebble Village Ln, Noblesville, IN 46062
      View Details
    • $12 SF/Yr
      34,425 SF

      Industrial Space in Noblesville

      34,425 SF industrial property available for lease.
      9575 E 151 St, Noblesville, IN
      View Details
    • Contact for pricing
      3,340 SF

      Retail Space in Noblesville, IN

      Retail space available in high-traffic Noblesville location.
      14765 Hazel Dell Xing, Noblesville, IN 46062
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Noblesville

      Retail space available for lease in Noblesville, Indiana.
      5985 Promenade Shops Blvd, Noblesville, IN 46062
      View Details
    • Contact for pricing
      10,200 SF

      Noblesville Office Space Available

      Office space available for lease in Noblesville, Indiana.
      230 Conner St, Noblesville, IN 46060
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic Noblesville retail space available.
    Where is this retail property located?
    The property is located at 14550 Mundy Dr Noblesville, IN.
    What are key features of this property?
    This property features: 1.14-acre retail outlot in Noblesville, IN, at 14550 Mundy Drive.; Excellent visibility and accessibility at the intersection of State Road 37 and 146th Street.; Prime outlot adjacent to Prairie Lakes Shopping Center, anchored by Godby Home Furnishings, Urban Air, and Crunch Fitness.
    (317) 597-1715 Call to check price and availability
    Request Owner's contact information
    14550 Mundy Dr Noblesville, IN 46060
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14550 Mundy Dr
    Noblesville, IN 46060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    14550 Mundy Dr Noblesville, IN 46060
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shawn Heffern
    Shawn Heffern
    (317) 597-1715 (317) 580-9900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!