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    Carmel, IN
    Medical Premises

    Carmel, IN Medical Office Space for Sale

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    Indianapolis, IN Zionsville, IN Westfield, IN Noblesville, IN Sheridan, IN Fishers, IN Whitestown, IN Cicero, IN
    Freestanding Medical Office Building
    Updated: Jun 30
    Freestanding Medical Office Building

    15018 Greyhound Ct, Carmel, IN 46032

    $985,000
    5,403 sqft 1.00 AC lot
    Approx. 5,403 SF freestanding commercial building on a full 1.00‑acre lot
    Veterinary‑style interior layout, previously used as an animal hospital
    20 existing surface parking spaces, with room to expand parking on‑site if needed
    Dedicated monument signage included
    Located in the Carmel–Westfield corridor near major retail anchors including Target, Walmart Supercenter, Lowe's, Menards, Kohl's, ALDI, Best Buy, and Clay Terrace
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    This listing looks promising.

    Here's a quick look at some key insights for

    15018 Greyhound Ct, Carmel, IN

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $70K
      Annual

    • Price @ 7% Cap

      $997K
      Above asking

    • Property Type

      Medical Building
      Built 1986
    View Property Analytics
    Freestanding Medical Office Building
    Updated: Jun 30
    Freestanding Medical Office Building

    15018 Greyhound, Carmel, IN 46032

    $985,000
    1.00 AC lot
    Approximately 5,403 SF freestanding medical office building
    Built in 1986
    Full 1‑acre lot
    Zoned General Business (GB)
    20 existing surface parking spaces with room to expand
    View details
    In-Line Retail and Medical Suite
    In-Line Retail and Medical Suite

    12505 Old Meridian St., Carmel, IN 46032

    Contact for pricing
    1,650 sqft

    In-line suite with strong visibility, access, and parking for retail, service, medical, or boutique office use.

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    Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 3 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Building
    Medical Office Building

    9240 N Meridian St, Indianapolis, IN 46260

    Contact for pricing
    49,279 sqft

    Established medical office asset with C1 Commercial zoning and access from North Meridian Street near Interstate 465.

    View details
    Turnkey Medical Office Suite
    Turnkey Medical Office Suite

    10412 Allisonville Rd, Fishers, IN

    Contact for pricing
    764 sqft 0.02 AC lot

    764 RSF medical office suite in Fishers, Indiana.

    View details
    Medical Office Space Near Healthcare Providers
    Medical Office Space Near Healthcare Providers

    9240 N Meridian St, Indianapolis, IN 46260

    Contact for pricing

    North Meridian Street access places the property near multiple major healthcare providers.

    View details
    Medical Office Building with Parking Garage
    Medical Office Building with Parking Garage

    8890 E. 116th Street, Fishers, IN 46038

    Contact for pricing

    New construction medical office building with access from each level of an attached 332-space parking garage.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B-2 Commercial Land
    B-2 Commercial Land

    Weston Pointe Drive, Carmel, IN 46032

    $649,900
    1.00 AC lot

    B-2-zoned development parcel with shared parking access and established commercial neighbors in Carmel.

    View details

    Off-Market Properties in Carmel, IN

    Consider similar Off-Market properties in Carmel, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    12065 Old Meridian St
    MEDICAL BUILDING

    12065 Old Meridian St, Carmel, IN 46032-8773

    Value Estimation by Request
    19,588 sqft 1.87 AC lot
    View details
    14585 Hazel Dell Pkwy
    MEDICAL BUILDING

    14585 Hazel Dell Pkwy, Carmel, IN 46033-9401

    $13,685,000
    Estimated value
    11,224 sqft 1.90 AC lot
    View details
    15026 Greyhound Ct
    MEDICAL BUILDING

    15026 Greyhound Ct, Carmel, IN 46032-1015

    $590,000
    Estimated value
    2,825 sqft 1.00 AC lot
    View details
    10445 College Ave
    MEDICAL BUILDING

    10445 College Ave, Carmel, IN 46280-1436

    $850,000
    Estimated value
    3,480 sqft 0.26 AC lot
    View details
    2000 116th St
    MEDICAL BUILDING

    2000 116th St, Carmel, IN 46032-3508

    $270,000
    Estimated value
    26,472 sqft 3.43 AC lot
    View details
    10601 Meridian St Ste, Unit 200
    MEDICAL BUILDING

    10601 Meridian St Ste, Carmel, IN 46290-1100

    Unit 200
    $1,190,000
    Estimated value
    24,710 sqft 0.86 AC lot
    View details
    201 Pennsylvania Pkwy
    MEDICAL BUILDING

    201 Pennsylvania Pkwy, Carmel, IN 46280-2301

    $39,485,000
    Estimated value
    130,270 sqft 7.29 AC lot
    View details
    1040 Rangeline Rd
    MEDICAL BUILDING

    1040 Rangeline Rd, Carmel, IN 46032-1469

    $460,000
    Estimated value
    5,156 sqft 0.60 AC lot
    View details
    10777 Illinois St
    MEDICAL BUILDING

    10777 Illinois St, Carmel, IN 46032-8972

    $10,020,000
    Estimated value
    401,792 sqft 12.12 AC lot
    View details
    12188 Meridian St, Unit B
    MEDICAL BUILDING

    12188 Meridian St, Carmel, IN 46032-4578

    Unit B
    $2,420,000
    Estimated value
    88,335 sqft 5.71 AC lot
    View details
    12188 Meridian St Sta, Unit A
    MEDICAL BUILDING

    12188 Meridian St Sta, Carmel, IN 46032-4578

    Unit A
    $2,445,000
    Estimated value
    88,335 sqft 6.40 AC lot
    View details
    370 Medical Dr
    MEDICAL BUILDING

    370 Medical Dr, Carmel, IN 46032-2916

    $600,000
    Estimated value
    11,757 sqft 1.30 AC lot
    View details
    725 Lakefront Ct
    MEDICAL BUILDING

    725 Lakefront Ct, Carmel, IN 46032-5893

    $750,000
    Estimated value
    11,725 sqft 2.43 AC lot
    View details
    13590 Meridian St, Unit B
    MEDICAL BUILDING

    13590 Meridian St, Carmel, IN 46032-1555

    Unit B
    $930,000
    Estimated value
    20,932 sqft 1.87 AC lot
    View details
    266 Medical Dr
    MEDICAL BUILDING

    266 Medical Dr, Carmel, IN 46032-2944

    $435,000
    Estimated value
    3,036 sqft 0.56 AC lot
    View details
    13219 Meridian St
    MEDICAL BUILDING

    13219 Meridian St, Carmel, IN 46032-5480

    $2,235,000
    Estimated value
    47,723 sqft 3.11 AC lot
    View details
    310 Medical Dr
    MEDICAL BUILDING

    310 Medical Dr, Carmel, IN 46032-3077

    $650,000
    Estimated value
    15,439 sqft 1.32 AC lot
    View details
    1020 101st St
    MEDICAL BUILDING

    1020 101st St, Carmel, IN 46280-1712

    $505,000
    Estimated value
    18,489 sqft 8.70 AC lot
    View details
    10603 Meridian St
    MEDICAL BUILDING

    10603 Meridian St, Carmel, IN 46290-1055

    $825,000
    Estimated value
    15,050 sqft 1.24 AC lot
    View details
    13250 Hazel Dell Pkwy
    MEDICAL BUILDING

    13250 Hazel Dell Pkwy, Carmel, IN 46033-8521

    $775,000
    Estimated value
    15,156 sqft 1.83 AC lot
    View details
    11900 Pennsylvania St
    MEDICAL BUILDING

    11900 Pennsylvania St, Carmel, IN 46032-4693

    $1,315,000
    Estimated value
    34,176 sqft 2.40 AC lot
    View details

    Carmel, IN Medical Office Space Market Trends and Statistics

    Explore 57 medical office space for sale in Carmel, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,053 square feet of properties for sale, with an estimated market value of $1,970,000.

    Sale prices for medical spaces in Carmel, IN average $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 40
    Office Units 40
    Medical Office Space 21
    Coworking space 5
    Serviced offices 1

    Demographics Overview

    Population 145K
    Population Growth (5Y) +1.7%
    Median Household Income $128,931
    College Educated 82.0%

    High-Yield Neighborhoods for Investment

    Identify Carmel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46032 $985K

    Taxes & Financing

    Tax Rate (average for all types) 1.96%
    Property Tax per SF $24.58 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hamilton County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Carmel fall within the 100,000+ square foot range.

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