Carmel, IN Office Spaces for Sale

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Updated: Mar 24

Carmel Office Building For Sale

695 Pro-Med Ln, Carmel, IN 46032

$4,250,000

18,138 sqft

Office property
18,138 SqFt of space
Built in 2003

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This listing looks promising.

Here's a quick look at some key insights for

695 Pro-Med Ln, Carmel, IN 46032

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$234K
Annual
Price @ 7% Cap

$3.35M
Suggested

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Updated: Apr 6

Fully Renovated Two-Story Office Building

10455 N College Avenue, Carmel, IN 46280

$4,200,000

0.90 AC lot

Two‑story commercial building originally built in 1968 with 12,385 SF.
Extensive renovations completed over the last two years: new flooring, walls, drywall, doors, windows, and restrooms.
Updated plumbing, electrical, external brickwork, concrete work, and select HVAC duct runs.
HVAC and hot water systems: forced air heating with central air; four residential furnaces, six AC units, and two tankless water heaters.
Includes two water softeners, four kitchens (including two fully washable commercial kitchens), and ADA compliance.

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Freestanding Office Building with Parking

15018 Greyhound, Carmel, IN 46032

$985,000

1.00 AC lot

A freestanding building with a veterinary-style interior layout and 20 surface parking spaces, well-suited for service uses.

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Furnished Office Space For Rent

695 Pro Med Ln, Carmel, IN

$4,250,000

1,760 sqft 1.90 AC lot

Turnkey, furnished office space with secure access and pond views.

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Carmel Office Building For Sale

10 W 106th St, Carmel, IN 46032

$9,750,000

Office building for sale in Carmel, Indiana.

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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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Carmel Office Space For Lease

4611 Lisborn Dr, Carmel, IN

$2,500,000

2,200 sqft 0.33 AC lot

Class A office space with customizable options and convenient parking.

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Carmel Class A Office Building

12411 N Pennsylvania St, Carmel, IN 46032

$6,295,000

19,000 sqft

Premier 19,000 SF Class A office building in Carmel, Indiana.

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Carmel Office Suites Available

9640-9650 Commerce Dr. |, Carmel, IN 46032

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55 sqft

Prime Carmel location with executive and private office suites available.

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Carmel Office Space Sublease

211 W Main St, Carmel, IN

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9,464 sqft 0.27 AC lot

9,464 SF office space in Carmel's Arts District.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 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.

Standalone Office Building with Kitchen

4929 E 96th Street, Indianapolis, IN 46240

$2,950,000

1.34 AC lot

Move-in ready office building with 28 private offices, conference rooms, and multiple entrances on a lakefront lot.

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Renovated Office and Retail Space

10291 N Meridian St, Indianapolis, IN

$3,250,000

4,979 sqft 4.22 AC lot

Newly renovated office and retail spaces available in Indianapolis.

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Indianapolis Office Building For Sale

10291 N. Meridian St., Indianapolis, IN 46290

$2,950,000

30,000 sqft

Premier investment opportunity in a busy Indianapolis corridor.

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Two-Building Class B Office Portfolio

8200-8250 Haverstick Rd, Indianapolis, IN 46240

Contact for pricing

80,660 sqft

Two-building Class B office portfolio offers diversified tenancy and available space within the Keystone Crossing submarket.

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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.

Prime Land on Meridian Street

9240 N Meridian, Indianapolis, IN 46260

$590,000

1.35 AC lot

Pad-ready 1.35-acre commercial land for sale.

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Zoned B-2 Commercial Infill Lot

Weston Pointe Drive, Carmel, IN 46032

$799,900

1.00 AC lot

Commercial land zoned B-2 in a shopping center area with shared parking access, suited for a build-to-suit development.

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Zoned Commercial/Farmland Development Land

823 W State Road 32, Westfield, IN 46074

$1,350,000

5.13 AC lot

Vacant, previously developed land directly on Highway 32 with city zoning that supports commercial use planning.

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Developed Office Park Building Site

15290 Endeavor Drive, Noblesville, IN 46060

$349,000

0.52 AC lot

Fully developed lot in an office park, ready for a new office building with convenient access to major roads.

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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.

MEDICAL BUILDING

12065 Old Meridian St, Carmel, IN 46032-8773

Value Estimation by Request

19,588 sqft 1.87 AC lot

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OFFICE (GENERAL)

1081 3rd SW Ave, Carmel, IN 46032-7595

$655,000

Estimated value

5,000 sqft 0.43 AC lot

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MEDICAL BUILDING

14585 Hazel Dell Pkwy, Carmel, IN 46033-9401

$13,090,000

Estimated value

11,224 sqft 1.90 AC lot

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OFFICE (GENERAL)

250 103rd St, Carmel, IN 46290-1092

$1,085,000

Estimated value

9,600 sqft 0.24 AC lot

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OFFICE (GENERAL)

9640 Commerce Dr, Carmel, IN 46032-7640

$3,195,000

Estimated value

30,060 sqft 0.84 AC lot

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OFFICE (GENERAL)

9650 Commerce Dr, Carmel, IN 46032-7636

$4,020,000

Estimated value

30,060 sqft 0.73 AC lot

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OFFICE (GENERAL)

10404 Orch Park S Dr, Carmel, IN 46280-1538

$7,040,000

Estimated value

78,600 sqft 10.50 AC lot

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OFFICE (GENERAL)

300 Guilford Rd, Carmel, IN 46032-1531

$39,320,000

Estimated value

223,603 sqft 20.06 AC lot

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OFFICE (GENERAL)

10330 Meridian St, Carmel, IN 46290-1024

$10,190,000

Estimated value

243,078 sqft 11.69 AC lot

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MEDICAL BUILDING

15026 Greyhound Ct, Carmel, IN 46032-1015

$595,000

Estimated value

2,825 sqft 1.00 AC lot

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OFFICE (GENERAL)

11460 Meridian St, Carmel, IN 46032-4530

$5,255,000

Estimated value

42,162 sqft 3.00 AC lot

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OFFICE (GENERAL)

720 City Ctr Dr, Carmel, IN 46032-3826

$18,725,000

Estimated value

131,840 sqft 7.84 AC lot

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OFFICE (GENERAL)

3985 106th St, Carmel, IN 46032-7778

$1,860,000

Estimated value

9,960 sqft 1.31 AC lot

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OFFICE (GENERAL)

410 Monon Blvd, Carmel, IN 46032-2345

$22,615,000

Estimated value

140,224 sqft 1.39 AC lot

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Carmel, IN Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Carmel, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 55,116 square feet of properties for sale, with an estimated market value of $20,545,000.

Sale prices for office spaces in Carmel, IN start at $2,500,000, averaging $4,109,000, and reaching up to $6,295,000 — 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

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
Carmel	$3.7M
Indianapolis	$4.2M

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

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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Carmel, IN Office Spaces for Sale

695 Pro-Med Ln, Carmel, IN 46032

10455 N College Avenue, Carmel, IN 46280

15018 Greyhound, Carmel, IN 46032

695 Pro Med Ln, Carmel, IN

10 W 106th St, Carmel, IN 46032

12505 Old Meridian St., Carmel, IN 46032

4611 Lisborn Dr, Carmel, IN

12411 N Pennsylvania St, Carmel, IN 46032

9640-9650 Commerce Dr. |, Carmel, IN 46032

211 W Main St, Carmel, IN

Opportunities in Nearby Cities

4929 E 96th Street, Indianapolis, IN 46240

10291 N Meridian St, Indianapolis, IN

10291 N. Meridian St., Indianapolis, IN 46290

8200-8250 Haverstick Rd, Indianapolis, IN 46240

Potential Development Sites for Consideration

9240 N Meridian, Indianapolis, IN 46260

Weston Pointe Drive, Carmel, IN 46032

823 W State Road 32, Westfield, IN 46074

15290 Endeavor Drive, Noblesville, IN 46060

Off-Market Properties in Carmel, IN

12065 Old Meridian St, Carmel, IN 46032-8773

1081 3rd SW Ave, Carmel, IN 46032-7595

14585 Hazel Dell Pkwy, Carmel, IN 46033-9401

250 103rd St, Carmel, IN 46290-1092

9640 Commerce Dr, Carmel, IN 46032-7640

9650 Commerce Dr, Carmel, IN 46032-7636

10404 Orch Park S Dr, Carmel, IN 46280-1538

300 Guilford Rd, Carmel, IN 46032-1531

10330 Meridian St, Carmel, IN 46290-1024

15026 Greyhound Ct, Carmel, IN 46032-1015

11460 Meridian St, Carmel, IN 46032-4530

720 City Ctr Dr, Carmel, IN 46032-3826

3985 106th St, Carmel, IN 46032-7778

410 Monon Blvd, Carmel, IN 46032-2345

Carmel, IN Office Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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