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    1120 Aaa Way Carmel, IN 46032

    For Lease
    Contact for pricing

    5,321 SF Medical Office, Downtown Carmel

    Lot size:
    5,321 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,321 square-foot medical office building is ideally situated in Carmel's vibrant Downtown East. The single-tenant property boasts two certified operating rooms, one featuring lead-lined walls, ensuring versatility and compliance. All exam rooms are conveniently equipped with plumbing. The well-maintained building offers a shared outdoor patio space, providing a pleasant atmosphere for patients and staff. Ample parking is available with 43 spaces, exceeding the market average at a generous 8.1 spaces per 1,000 square feet. This prime location places the property within easy reach of numerous restaurants, retail shops, banks, hotels, gas stations, and other amenities, making it an attractive option for both medical professionals and patients. The building's excellent condition and desirable features make it a compelling investment opportunity in a thriving area. Hamilton County location.

    Property Features for 1120 Aaa Way

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,321 SF

    Unit(s) available at that property

    Space
    Size
    5,321 SF

    HighLights

    • 5,321 SF medical office building.
    • Two certified operating rooms; one lead‑lined.
    • Plumbing in all exam rooms.
    • Well‑maintained building with shared outdoor patio.
    • 43 parking spaces (8.1/1,000 SF ratio).
    • Prime location in Carmel's Downtown East, near restaurants, retail, and amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Digestive Health Center Medical Clinic Ameri Path Digestive ... Medical Clinic Daniel Stout Gastroenterologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -86.1185608
    Latitude
    39.9608988

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    FAQs

    What type of property is this?
    Medical office - 5,321 SF Medical Office, Downtown Carmel
    Where is this medical office located?
    The property is located at 1120 Aaa Way Carmel, IN.
    What are key features of this property?
    This property features: 5,321 SF medical office building.; Two certified operating rooms; one lead-lined.; Plumbing in all exam rooms.
    Request Owner's contact information
    1120 Aaa Way 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
    1120 Aaa Way Carmel, IN 46032
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