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Property profile & analytics

9998 Michigan Rd Carmel, IN 46032-9640

  • Commercial land
  • 2.91 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US31-1238760
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Panorama / Travel Agency
  • Indiana Members Credit Union ATM - No Public Access / Atm
  • Wyndham Exchange & Rentals / Corporate Office
  • Dial An Exchange / Timeshare Agency

Property Details for 9998 Michigan Rd

Lot size
2.91 lot acres
Property type
Commercial land
APN
29-13-07-007-001.000-018
APU
291307007001000018

Description

This exceptional Class A office building presents a significant investment opportunity in the highly desirable West Carmel, Indiana market. The property encompasses a substantial 219,408 square feet across two stories within a single building, situated on a generous 22.1-acre parcel. Built in 1973, the property is zoned for office use and offers ample parking at a ratio of 5 spaces per 1,000 square feet, along with a convenient loading dock. Its prime location at 9998 N Michigan Rd, Carmel, IN 46032, places it at the gateway to Zionsville, benefiting from the combined strengths of these two thriving Indiana communities. The surrounding area is experiencing robust growth, with flourishing retail establishments bordering the property to the north, south, and east, and multiple new multi-family developments nearby. Internal amenities include a first-floor fitness center, full-service cafeteria, extensive conferencing space, and an outdoor patio area. The second floor offers dedicated recreational space. This property offers a unique blend of established infrastructure and significant growth potential within one of Indiana's most sought-after suburban locations. The city of Carmel consistently ranks highly for quality of life, boasting strong job growth, high income levels, excellent schools, low crime, and abundant recreational opportunities. This presents a compelling opportunity for investors seeking a well-located, substantial office property in a dynamic market.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Carmel
County
Hamilton
State
Indiana
Longitude
-86.2394
Latitude
39.9339
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$220
$8,700
$0.00
$8,700
-
$8,700
$0.00
$8,700
More about this property
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