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    Property profile & analytics

    13420 Meridian St Carmel, IN 46032

    • Office Properties & Spaces
    • 85,542 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Ascension Medical Group St. Vincent - Carmel Pelvic Health and Menopause / Obstetrician-Gynecologist
    • Ascension Medical Group - St. Vincent Carmel Women's Health / Obstetrician-Gynecologist / Gynecologist
    • Adrienne Rasbach, MD / Obstetrician-Gynecologist
    • Amanda L. Born, MD / Obstetrician-Gynecologist
    • Catherine G. Hilliker, MD / Obstetrician-Gynecologist

    Property Details for 13420 Meridian St

    Property size
    85,542 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    This exceptional medical office building, totaling 85,542 square feet, offers multiple tenancy options in the highly desirable Carmel, Indiana market. Located at 13420 N Meridian St, 46032, this first-floor space provides immediate access to a bustling medical corridor. Currently, 4,866 square feet of space is available for lease, with individual suites ranging from 1,351 to 3,477 square feet. The building boasts state-of-the-art features and benefits from its convenient location attached to St. Vincent Carmel Hospital. This prime location offers easy access to US Highway 31, providing excellent accessibility for patients and staff. The property's strategic position also places it in close proximity to several other major hospital systems, including St. Vincent 86th Street Campus, St. Vincent Heart Hospital, Peyton Manning Children's Hospital, and Community Hospital North, creating a strong medical hub. Hamilton County's thriving economy and robust healthcare sector make this an ideal opportunity for medical practices seeking a high-visibility, well-connected location. The minimum divisible space is 1,351 square feet, offering flexibility for various practice sizes. This is a rare opportunity to secure space in a premier medical office building within a thriving healthcare community.

    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
    -86.1452
    Latitude
    39.9827

    Comparable in this City

    • Value Estimation by Request
      13,825 SF

      14828 Greyhound Ct

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    • Value Estimation by Request
      88,335 SF

      12188 Meridian St Sta, Unit A

      MEDICAL BUILDING • 88,335 SF
      12188 Meridian St Sta, Carmel, IN 46032-4578
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    • Value Estimation by Request
      47,723 SF

      13219 Meridian St

      MEDICAL BUILDING • 47,723 SF
      13219 Meridian St, Carmel, IN 46032-5480
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    • Value Estimation by Request
      11,725 SF

      725 Lakefront Ct

      MEDICAL BUILDING • 11,725 SF
      725 Lakefront Ct, Carmel, IN 46032-5893
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    • Value Estimation
      $285,000
      26,472 SF

      2000 116th St

      MEDICAL BUILDING • 26,472 SF
      2000 116th St, Carmel, IN 46032-3508
      View Details
    • Value Estimation by Request
      47,562 SF

      13400 Meridian St

      MEDICAL BUILDING • 47,562 SF
      13400 Meridian St, Carmel, IN 46032-7102
      View Details

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      85,542 SF

      Carmel Medical Office Space for Lease

      Prime Carmel location, medical office suites available.
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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
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