Financial
Distress signals
Property profile

11555 North Meridian St Carmel, IN 46032

FOR LEASE
Office Spaces
Property ID
US31-0043205
126,680 SF 4.92 ac lot Built 1984
Last sale Oct 2021 · $364,105
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 20,472 square foot office suite, located at 11555 N Meridian Street in Hamilton County, is available for sublease. Situated on the third floor, Suite 300 offers a fully functional and well-appointed workspace. The layout includes 13 individual offices, 10 meeting and conference rooms, a dedicated training center, and ample space for 160 workstations. The sublease agreement expires December 31, 2026. Tenants will enjoy access to the building's shared amenities, including a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$155k
Tax billed · 2023
Assessed value$7.68M
Assessed land$2.11M
Assessed improvement$5.58M
Effective rate2.02%

Value estimate

· Sep 2026
$13.08M
$11.77M – $14.38M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$277/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$155 – $405

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.0
Storage Facility11.3
Auto Parts Store11.2

Location

11555 North Meridian St Carmel, IN 46032
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12065 Old Meridian, Carmel, IN 46032-8773 $5,400,000 Jan 2026 19,588 SF
2000 116th, Carmel, IN 46032-3508 $268,600 Sep 2024 26,472 SF
11455 Meridian, Carmel, IN 46032-1624 $7,825,000 Nov 2023 32,804 SF
755 Carmel, Carmel, IN 46032-5877 $9,000,000 Oct 2023 41,054 SF
Rangeline S, Carmel, IN 46032 $17,850,000 Oct 2023 82,474 SF
525 Congressional, Carmel, IN 46032-5647 $6,395,000 Jul 2022 52,342 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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