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    12202 Hancock St Carmel, IN 46032

    • Warehouses
    • 76,126 SF
    • 5.73 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US31-0851829
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • intelli-building Control & Solutions LLC / Hvac Contractor

    Property Details for 12202 Hancock St

    Year built
    1988
    Construction
    TYPE NOT SPECIFIED
    Lot size
    5.73 lot acres
    Property size
    76,126 SF
    Property type
    Warehouses
    APN
    29-09-35-002-008.000-018
    APU
    290935002008000018

    Description

    This Hamilton County, Indiana warehouse offers exceptional space for lease within the Carmel Tech Center. The property, located at 12202-12292 Hancock Street, Carmel, IN 46032, boasts a total of 76,735 square feet, with minimum divisible space of 7,062 square feet. Suites feature ceiling heights ranging from 14 to 18 feet, providing ample vertical storage. Multiple suites are available, each offering a unique combination of features. Some suites include 8' x 10' drive-in doors, while others offer loading docks. Power specifications vary by suite, with options including 120/208 volt, 200 amp, 3-phase power. Amenities such as utility sinks, private offices, open areas suitable for offices, cubicles, or showrooms, conference rooms, and breakrooms with kitchenettes are available in various configurations. Many suites benefit from abundant natural light through strategically placed windows. The property enjoys convenient access to US-31 and I-465, offering excellent logistical advantages. Potential for air-conditioned warehouse space exists in select suites. Lease rates start at $14 per square foot, modified gross. Contact us today to discuss your specific needs and available suite options.

    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
    -86.1497
    Latitude
    39.9659
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $80,900
    $1,432,500
    $2,576,700
    $4,009,200
    -
    $1,432,500
    $2,576,700
    $4,009,200

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    • $14 SF/Yr
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      Carmel Tech Center Warehouse Space

      76,735 SF Warehouse, Multiple 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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