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    Property profile & analytics

    10610 Park Ave Indianapolis, IN 46280

    • Office space
    • 1,935 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0113476
    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

    • Lockwood Design Associates / Architect

    Property Details for 10610 Park Ave

    Year built
    1935
    Lot size
    0.71 lot acres
    Property size
    1,935 SF
    Property type
    Office space

    Description

    This exceptional 1,534-square-foot office space in Carmel, Indiana, is available for lease. Located at 10610 N Park Ave, near the intersection of 106th & Park Ave, this single-tenant property boasts a prime location within the Carmel submarket. Built in 1935 and completely renovated in 2024, this space offers a modern, first-generation feel with all-new finishes, appliances, and utilities. The layout features a mostly open floor plan, perfect for collaborative work environments, complemented by a private office, restroom, and kitchenette. The property sits on a 0.71-acre lot and includes six parking spaces for convenient access. Zoned B-5, this versatile space is suitable for a wide range of office and business professional uses. The total building size is 1,935 square feet, with 1,534 square feet currently vacant. This is a triple net (NNN) lease at $20 per square foot. The property's recent renovation ensures a move-in ready experience for the next tenant. Don't miss this opportunity to secure a modern, well-located office space in the thriving Carmel market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1488472
    Latitude
    39.9422247

    Comparable in this City

    • Contact for pricing

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      Sublease opportunity: furnished office space with amenities.
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      20,444 SF

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      Indianapolis Office Space: Multiple Suites Available
      3021 98Th St, Indianapolis, IN 46280
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      36,697 SF

      Class A Office Park Space

      Class A office park with high visibility and modern amenities.
      501 Pennsylvania Pkwy, Indianapolis, IN 46280
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      7,500 SF

      Retail Space on Lakeshore Drive

      7,500 SF retail space with high traffic exposure.
      9700 Lake Shore Dr E, Indianapolis, IN 46280
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    • $18 SF/Yr
      10,616 SF

      Retail Space on College Avenue

      Retail space with high visibility and street signage opportunities.
      10567 North College Ave, Carmel, IN 46280
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    • $18 SF/Yr
      1,596 SF

      Retail Space on College Avenue

      1,596 SF retail space with high street visibility.
      10567-10569 N College Ave, Indianapolis, IN 46280
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Furnished Office Space Available Now

      Sublease opportunity: furnished office space with amenities.
      301 Pennsylvania Pkwy, Indianapolis, IN 46280
      View Details
    • $15 SF/Yr
      20,444 SF

      Keystone Office Park: 4 Buildings

      Indianapolis Office Space: Multiple Suites Available
      3021 98Th St, Indianapolis, IN 46280
      View Details
    • Contact for pricing
      36,697 SF

      Class A Office Park Space

      Class A office park with high visibility and modern amenities.
      501 Pennsylvania Pkwy, Indianapolis, IN 46280
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space on Lakeshore Drive

      7,500 SF retail space with high traffic exposure.
      9700 Lake Shore Dr E, Indianapolis, IN 46280
      View Details
    • $18 SF/Yr
      10,616 SF

      Retail Space on College Avenue

      Retail space with high visibility and street signage opportunities.
      10567 North College Ave, Carmel, IN 46280
      View Details
    • $18 SF/Yr
      1,596 SF

      Retail Space on College Avenue

      1,596 SF retail space with high street visibility.
      10567-10569 N College Ave, Indianapolis, IN 46280
      View Details
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    10610 Park Ave
    Indianapolis, IN 46280
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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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