9640-9650 Commerce Dr Carmel, IN 46032
Auburn Woods, a Class B office building in Carmel, Indiana, offers 55,708 square feet of executive office space. Located at 9640-9650 Commerce Dr, 46032, this Hamilton County property boasts eight suites, with 16,001 square feet currently vacant. Individual suites range from a minimum of 1,600 square feet to a maximum contiguous space of 3,559 square feet, providing flexibility for businesses of various sizes. The property underwent ownership transition in 2021, resulting in a revitalized and modern workspace. Leasing is structured under a modified gross lease, simplifying tenant responsibilities. The building's prime location in Carmel, Indiana, offers easy access to major highways and is situated near the Carmel Arts & Design District, providing convenient access to dining, entertainment, and cultural attractions. This upscale, professional environment is ideal for businesses seeking a thriving and prestigious location within a vibrant community. The property is perfect for businesses seeking a modern, efficient, and conveniently located office space in a highly desirable area.
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.