Financial
Distress signals
Property profile

988 3rd SW Ave Carmel, IN 46032

OFF-MARKET
Warehouses
Property ID
US31-3096341
34,128 SF 5.5 ac lot Built 1974
Last sale Jun 2022 · $10,417,144
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$45k
Tax billed · 2023
Assessed value$2.22M
Assessed land$1.29M
Assessed improvement$933k
Effective rate2.02%

Value estimate

· Sep 2026
$13.20M
$11.88M – $14.51M
AI approach$11.06M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$99 – $208
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.2
Garden Center9.1
Watch Repair Shop8.9

Location

988 3rd SW Ave Carmel, IN 46032
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9770 Mayflower Park, Carmel, IN 46032-7940 $7,200,000 Dec 2025 70,112 SF
511 Industrial, Carmel, IN 46032-4207 $1,500,000 Jun 2022 11,598 SF
485 Gradle, Carmel, IN 46032-2535 $4,500,000 Apr 2022 24,300 SF
598 Industrial, Carmel, IN 46032-4208 $800,000 Mar 2022 10,806 SF
4518 99th, Carmel, IN 46032-7715 $3,550,000 Dec 2020 47,940 SF
475 Gradle, Carmel, IN 46032-2535 $1,650,000 Jan 2020 17,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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