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    9640-9650 Commerce Dr Carmel, IN 46032

    Sponsored
    For Lease
    $8 SF/Yr

    Carmel, IN Office Space Available

    Lot size:
    55,708 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Auburn Woods, a Class B office building in Carmel, Indiana, offers 55,708 square feet of executive office space. Located at 9640-9650 Commerce Dr, 46032, this Hamilton County property boasts eight suites, with 16,001 square feet currently vacant. Individual suites range from a minimum of 1,600 square feet to a maximum contiguous space of 3,559 square feet, providing flexibility for businesses of various sizes. The property underwent ownership transition in 2021, resulting in a revitalized and modern workspace. Leasing is structured under a modified gross lease, simplifying tenant responsibilities. The building's prime location in Carmel, Indiana, offers easy access to major highways and is situated near the Carmel Arts & Design District, providing convenient access to dining, entertainment, and cultural attractions. This upscale, professional environment is ideal for businesses seeking a thriving and prestigious location within a vibrant community. The property is perfect for businesses seeking a modern, efficient, and conveniently located office space in a highly desirable area.

    Property Features for 9640-9650 Commerce Dr

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,708 SF
    Class
    B
    Total Rate
    37138.67

    Unit(s) available at that property

    Space
    9640 Commerce Dr.-412
    Size
    3,482 SF
    Rate per SF
    $15
    Space
    9650 Commerce Dr.-514
    Size
    1,600 SF
    Rate per SF
    $15
    Space
    9650 Commerce Dr.-525
    Size
    1,700 SF
    Rate per SF
    $15
    Space
    9650 Commerce Dr.-534
    Size
    3,559 SF
    Rate per SF
    $15
    Space
    9650 Commerce Dr.-524
    Size
    1,700 SF
    Rate per SF
    $15
    Space
    9650 Commerce Dr.-503B
    Size
    1,804 SF
    Rate per SF
    $8
    Space
    9640 Commerce Dr.-404B
    Size
    1,802 SF
    Rate per SF
    $8
    Space
    9650 Commerce Dr.-502B
    Size
    1,801 SF
    Rate per SF
    $8

    HighLights

    • Private office suites available.
    • Executive suites available.
    • 1,700 to 3,400 square feet of space available.
    • Excellent Northwest Indianapolis location.
    • Convenient access to I‑465 and US 421/Michigan Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2256276
    Latitude
    39.9274457

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    FAQs

    What type of property is this?
    Office building - Carmel, IN Office Space Available
    Where is this office building located?
    The property is located at 9640-9650 Commerce Dr Carmel, IN.
    What is the lease rate?
    The lease rate is $8-$15 SF/Yr.
    What are key features of this property?
    This property features: Private office suites available.; Executive suites available.; 1,700 to 3,400 square feet of space available.
    Request Owner's contact information
    9640-9650 Commerce Dr 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
    9640-9650 Commerce Dr Carmel, IN 46032
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