Property profile

11505 Illinois St Carmel, IN 46032

OFF-MARKET
Outlet malls
Property ID
US31-2814143
121,583 SF 13.32 ac lot Built 2015
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2015
Construction TYPE NOT SPECIFIED
Total area 121,583 SF
Lot 13.32 ac (580,219 SF)
APN 29-13-02-000-001.011-018
UPID US31-2814143

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
  • Grocery & Convenience Store Food Market
  • Pharmacy
  • Food Market Specialty Food Shop
  • Loan Service Bank
  • Bank Loan Service

Location

11505 Illinois St Carmel, IN 46032-3137
Carmel metro Census 111009 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$21.57M
Comparable Approach Comparable
$9.43M
Blend (final) Blend
$15.54M

Owner & transaction history

since 2021
2 recorded transactions
2021
$72,900
2017
Price N/A

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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