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Property profile & analytics
FOR SALE
Office Spaces
10455 N College Ave Carmel, IN 46280
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-3471542
For Sale
1 / 52
$4,200,000
10455 N College Ave, Carmel, IN 46280
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1968
Construction
WOOD
Total area
12,385 SF
Lot
0.9 ac (39,204 SF)
APN
29-13-12-102-031.000-018
UPID
US31-3471542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Family Place Early Enrichment Academy Inc - Carmel Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Carmel · 2 yrs held
City Of Carmel
since 2024
Last sale
$62,597
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,352
Tax year 2023
Assessed value
$910,300
Assessed 2023
Previous assessed
$910,300
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$177,500
Assessed improvement
$732,800
Land market value
$177,500
Improvement market value
$732,800
Total market value
$910,300
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1968
Construction
WOOD
Heating
NONE
Stories
2
Total area
12,385 SF
Lot
0.9 ac (39,204 SF)
APN
29-13-12-102-031.000-018
UPID
US31-3471542
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
City Of Carmel
Entity
Mailing address
1 N CIVIC SQ, CARMEL, IN 46032-2584
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
The Family Place LLC
—
Deed
related
$400,000 · Indiana Community Business Credit Corp
Jun 11, 2024
$62,597
City Of Carmel
The Family Place LLC
Warranty Deed
$400,000 · Indiana Community Business Credit Corp
Dec 13, 2023
—
The Family Place LLC
E&t Realty LLC
Special Warranty Deed
$1,925,000 · Horizon Bank
Apr 9, 2008
—
E & C Realty LLC
Ib Property Holdings LLC
Grant Deed
$828,750 · National City Bank
Mar 3, 2008
$987,000
Ib Property Holdings LLC
Sheriff Of Hamilton County
Trustees Deed
related
—
Nov 21, 2006
—
Alfa Mortgage INC
College Properties LLC
Warranty Deed
$880,000 · Lnb Commercial Capital Corp
—
—
E & C Realty LLC
—
Deed Of Trust
related
$758,256 · Harris Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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