Property profile

10206 Michigan Rd Carmel, IN 46032

OFF-MARKET
Turn key restaurants
Property ID
US31-2982632
7,590 SF 2.06 ac lot Built 2013
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2013
Construction WOOD
Total area 7,590 SF
Lot 2.06 ac (89,734 SF)
APN 29-13-07-008-001.001-018
UPID US31-2982632

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

10206 Michigan Rd Carmel, IN 46032-7947
Carmel metro Census 111103 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$883k
Blend (final) Blend
$775k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2013
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.1M +9.2%

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
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