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Property profile & analytics

1120 Aaa Way Carmel, IN 46032

  • Office Properties & Spaces
  • 7,680 SF
  • 1.82 lot acres
Value Estimations
$850,000
Cap Rate Potential
Location Intelligence
Property ID
US31-0300230
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

  • Digestive Health Center / Medical Clinic / Gastroenterologist
  • Ameri Path Digestive Health / Medical Clinic
  • Daniel Stout / Gastroenterologist / Practitioner Service Location

Property Details for 1120 Aaa Way

Year built
1983
Construction
WOOD
Lot size
1.82 lot acres
Property size
7,680 SF
Property type
Office Properties & Spaces
APN
29-10-31-000-016.016-018
APU
291031000016016018

Description

This exceptional 5,321 square-foot medical office building is ideally situated in Carmel's vibrant Downtown East. The single-tenant property boasts two certified operating rooms, one featuring lead-lined walls, ensuring versatility and compliance. All exam rooms are conveniently equipped with plumbing. The well-maintained building offers a shared outdoor patio space, providing a pleasant atmosphere for patients and staff. Ample parking is available with 43 spaces, exceeding the market average at a generous 8.1 spaces per 1,000 square feet. This prime location places the property within easy reach of numerous restaurants, retail shops, banks, hotels, gas stations, and other amenities, making it an attractive option for both medical professionals and patients. The building's excellent condition and desirable features make it a compelling investment opportunity in a thriving area. Hamilton County location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $655,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,047,000
    Market price range: $268k - $1.05M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Carmel
County
Hamilton
State
Indiana
Longitude
-86.1184
Latitude
39.9606
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$38,078
$728,000
$1,160,500
$1,888,500
-
$728,000
$1,160,500
$1,888,500
More about this property
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