Property profile

1132 Rangeline Rd Carmel, IN 46032

OFF-MARKET
Office Spaces
Property ID
US31-2296408
13,089 SF 1.2 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1978
Construction WOOD
Total area 13,089 SF
Lot 1.2 ac (52,272 SF)
APN 29-09-36-000-025.000-018
UPID US31-2296408

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
  • Dental Office
  • Insurance Agency
  • Electronics & Wireless Store
  • Construction Company General Contractor
  • Publishing House

Location

1132 Rangeline Rd Carmel, IN 46032-2401
Carmel metro Census 111011 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.72M
Comparable Approach Comparable
$2.19M
Blend (final) Blend
$635k

Owner & transaction history

since 2024
Last sale
$2.3M
5 recorded transactions
2024
$2.3M
2016
Price N/A
2013
Price N/A
2013
$540,000
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $3.8M +4.3%

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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