Technical
Financial
Distress signals
Property profile

11925 Meridian St Carmel, IN 46032

OFF-MARKET
Hotels
Property ID
US31-0508471
189,622 SF 7.43 ac lot Built 2007
Entity Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 189,622 SF
Lot 7.43 ac (323,651 SF)
APN 29-09-35-000-015.000-018
UPID US31-0508471

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
  • Parking Lot & Garage
  • Restaurant
  • Trucking Company
  • Hotel & Motel

Location

11925 Meridian St Carmel, IN 46032-4545
Carmel metro Census 111012 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$15.59M
Comparable Approach Comparable
$14.20M
Blend (final) Blend
$14.90M

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2014
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $24.6M +25.3%
Auto repair, garage $22.0M +12.4%
Retail stores $19.8M +1.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11925 Meridian St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message