105 W Carmel Dr Carmel, IN 46032
For Sale
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This exceptional 10,488-square-foot retail and industrial property, located at 105 Carmel Drive, presents a unique investment opportunity. Currently configured as a single-tenant automotive business, the building sits on a generous 3.6-acre lot, providing ample space for expansion or future development. The property boasts five convenient drive-ins, ensuring easy access for customers and deliveries. Its strategic location offers unparalleled connectivity to major thoroughfares, including I-69, I-70, I-74, and I-65 via I-465, maximizing exposure and accessibility. The I-1 zoning provides flexibility for a variety of uses. Situated near Carmel amenities, this property benefits from a strong local market and high visibility. The substantial lot size offers significant potential for future development or expansion of the existing structure. This is an ideal opportunity for investors seeking a well-located, versatile property with strong growth potential in a thriving area. The property's size and location make it an attractive option for a variety of businesses seeking a prominent presence in the Carmel market. Hamilton County location adds to its desirability.
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DavAni Armenian BBQ Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.