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

    146th St & Hazel Dell Rd Noblesville, IN 46062

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Noblesville retail space, 12 suites available.

    Lot size:
    121,800 SF

    Property Features for 146th St & Hazel Dell Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    121,800 SF
    Class
    A

    Spaces For Lease

    at 146th St & Hazel Dell Rd, Noblesville, IN 46062 Contact us

    We can help!

    Listing Contact
    Bryan Chandler
    Bryan Chandler

    Listing Agency: Eclipse Real Estate Listing Agent: Bryan Chandler

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

    Learn more

    Overview

    Noble West Shoppes offers an exceptional opportunity for retailers seeking high-visibility locations in Noblesville, Indiana. This Class A development boasts a total of 12 suites within a 121,800 square foot building situated on a 1 to 1.4-acre lot at the northeast corner of 146th Street and Hazel Dell Road (zip code 46062). The property is currently 100% vacant, presenting a unique chance to establish a presence in a thriving commercial area. Spaces range from a minimum of 2,200 square feet to a maximum contiguous space of 30,000 square feet, offering flexibility for businesses of various sizes. The development benefits from strong anchor tenants including Kroger, McDonald's, CVS, and Chase Bank, ensuring high foot traffic and brand recognition. This is an ideal location for businesses seeking exposure in a densely populated and rapidly growing area of Hamilton County. The property's "Retail, Land" designation provides opportunities for both traditional retail spaces and potential outlot development. The property's prime location and established tenant mix make it an attractive investment for businesses seeking a strong foothold in the Noblesville market. Contact us today to learn more about leasing opportunities at Noble West Shoppes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Noblesville
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.064779
    Latitude
    40.0002687

    Nearby Similar for Lease

    • $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
    • $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
      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
    • 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
    • Contact for pricing
      6,388 SF

      Retail Space in Noblesville

      6388 SF retail space available for lease.
      6165 Promenade Shops Blvd, Noblesville, IN 46062
      View Details

    FAQs

    What type of property is this?
    Land - Prime Noblesville retail space, 12 suites available.
    Where is this land located?
    The property is located at 146th St & Hazel Dell Rd Noblesville, IN.
    What are key features of this property?
    This property features: 12 suites totaling 121,800 square feet in a Class A building on a 1-1.4 acre lot at 146th & Hazel Dell Rd, Noblesville, IN (46062).; Currently 100% vacant, offering flexible space from 2,200 to 30,000 contiguous square feet.; High-traffic location with strong anchor tenants including Kroger, McDonald's, CVS, and Chase Bank.
    (317) 614-9400 Call to check price and availability
    Request Owner's contact information
    146th St & Hazel Dell Rd Noblesville, IN 46062
    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.
    146th St & Hazel Dell Rd
    Noblesville, IN 46062
    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
    146th St & Hazel Dell Rd Noblesville, IN 46062
    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 Bryan Chandler
    Bryan Chandler
    Real Estate License ID: RB14027408
    (317) 614-9400 (317) 514-5103 (317) 614-9402
    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!