Property profile

1010 Rangeline Rd Carmel, IN 46032

OFF-MARKET
Hotels
Property ID
US31-3531814
3,536 SF 31.7 ac lot Built 1986
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1986
Construction WOOD
Total area 3,536 SF
Lot 31.7 ac (1,380,852 SF)
APN 29-10-19-000-023.000-018
UPID US31-3531814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1010 Rangeline Rd Carmel, IN 46032
Carmel metro Census 110905 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
$637k
Blend (final) Blend
$635k

Owner & transaction history

since 2019
3 recorded transactions
2019
$33.9M
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $500,000 +36.7%
Auto repair, garage $410,000 +12.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1010 Rangeline Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message