244 Carmel Dr Carmel, IN 46032
This exceptional single-tenant office building, located at 244 E Carmel Dr, Carmel, IN 46032, offers 2,400 square feet of versatile space, perfect for a variety of businesses. Built in 1987, the property sits on a generous 3.18-acre lot and features a convenient single-story design. The building boasts an open floor plan, complemented by multiple private offices, providing flexibility for diverse operational needs. Two bathrooms and a mini-kitchen add to the convenience and functionality of the space. The property includes 100 parking spaces, ensuring ample accommodation for employees and clients. The zoning is designated as B8. The property is available for occupancy beginning April 1st, 2025. Annual property taxes are $5,200 per square foot. This prime Carmel location offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a well-maintained and spacious office environment. The modern building provides a professional and comfortable workspace.
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Centier Mortgage Center Loan Service Bank
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Centier Bank - Mortgage Center - Carmel Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.