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    Property profile & analytics

    1215 Veterans Way Carmel, IN 46032-3361

    • Parking lots & garages
    • 178,830 SF
    • 5.97 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 02, 2023
    Location Intelligence
    Property ID
    US31-0283588
    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

    • Parking lots & garages

    Property Details for 1215 Veterans Way

    Year built
    2019
    Construction
    CONCRETE
    Lot size
    5.97 lot acres
    Property size
    178,830 SF
    Property type
    Parking lots & garages
    APN
    29-09-36-000-027.000-018
    APU
    290936000027000018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1279
    Latitude
    39.9625
    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
    $177,283
    $2,388,000
    $6,402,100
    $8,790,100
    -
    $2,388,000
    $6,402,100
    $8,790,100

    Comparable in this City

    • Value Estimation by Request
      79,254 SF

      Main St

      PARKING GARAGE, PARKING STRUCTURE • 79,254 SF
      Main St, Carmel, IN 46032
      View Details
    • Value Estimation by Request
      28,722 SF

      385 City Ctr Dr

      PARKING GARAGE, PARKING STRUCTURE • 28,722 SF
      385 City Ctr Dr, Carmel, IN 46032-3806
      View Details
    • Value Estimation
      $375,000
      0.57 Acres

      325 Carmel Dr

      PARKING LOT • 0.57 Acres
      325 Carmel Dr, Carmel, IN 46032-2875
      View Details
    • Value Estimation by Request
      13.93 Acres

      11725 Meridian St

      PARKING LOT • 13.93 Acres
      11725 Meridian St, Carmel, IN 46032
      View Details
    • Value Estimation
      $375,000
      0.62 Acres

      15164 Thatcher Ln

      PARKING LOT • 0.62 Acres
      15164 Thatcher Ln, Carmel, IN 46032
      View Details
    • Value Estimation by Request
      0.25 Acres

      301 Carmel Dr

      PARKING LOT • 0.25 Acres
      301 Carmel Dr, Carmel, IN 46032-2888
      View Details

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      Carmel Office Property For Sale

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    Similar Nearby for Lease

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      10,488 SF

      Curley Building: Prime Retail/Industrial Site

      10,488 SF, 3.6 Acres, High Traffic
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      Carmel Retail Center - Prime Location

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      Highly visible retail space available for lease in Carmel, Indiana.
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      2,430 SF

      Retail End Cap Suite Available

      Retail suite in high-traffic area near Meijer.
      12505 Old Meridian St, Carmel, IN 46032
      View Details
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    1215 Veterans Way
    Carmel, IN 46032-3361
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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