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    Property profile & analytics

    1221 Rangeline Rd Carmel, IN 46032-2519

    • Grocery and convenience stores
    • 6,272 SF
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0680093
    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

    • Turkey Hill Minit Market / Gas Station / Convenience Store
    • Kroger Fuel Center / Convenience Store

    Property Details for 1221 Rangeline Rd

    Year built
    2011
    Construction
    WOOD
    Lot size
    1.13 lot acres
    Property size
    6,272 SF
    Property type
    Grocery and convenience stores
    APN
    29-10-31-000-047.000-018
    APU
    291031000047000018

    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
    -86.1263
    Latitude
    39.9618
    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
    $35,867
    $852,400
    $926,700
    $1,779,100
    -
    $852,400
    $926,700
    $1,779,100

    Comparable in this City

    • Value Estimation by Request
      65,181 SF

      10679 Michigan Rd

      GROCERY, SUPERMARKET • 65,181 SF
      10679 Michigan Rd, Carmel, IN 46032
      View Details
    • Value Estimation by Request
      25,372 SF

      1342 Rangeline Rd

      GROCERY, SUPERMARKET • 25,372 SF
      1342 Rangeline Rd, Carmel, IN 46032-2932
      View Details
    • Value Estimation by Request
      6,155 SF

      11505 Illinois St

      CONVENIENCE STORE • 6,155 SF
      11505 Illinois St, Carmel, IN 46032-3137
      View Details
    • Value Estimation
      $650,000
      4,790 SF

      1708 116th St

      CONVENIENCE STORE • 4,790 SF
      1708 116th St, Carmel, IN 46032-3506
      View Details
    • Value Estimation by Request
      22,023 SF

      10584 Workout Way

      GROCERY, SUPERMARKET • 22,023 SF
      10584 Workout Way, Carmel, IN 46032-7965
      View Details
    • Value Estimation by Request
      5,016 SF

      9800 Michigan Rd

      CONVENIENCE STORE • 5,016 SF
      9800 Michigan Rd, Carmel, IN 46032-7925
      View Details

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      Carmel Land For Sale

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      12800 N Old Meridian St, Carmel, IN 46032
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      Carmel Office Property For Sale

      Commercial property in Carmel, Indiana, suitable for office conversion.
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    Similar Nearby for Lease

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      1,400 SF

      Carmel Retail Space Available

      Retail space in affluent Carmel, Indiana, near major highway.
      13610-13710 N Meridian St, Carmel, IN 46032
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    • Contact for pricing
      1,200 SF

      Carmel Retail Space For Lease

      Highly visible retail space available for lease in Carmel, Indiana.
      154 Medical Dr, Carmel, IN 46032
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      Retail End Cap Suite Available

      Retail suite in high-traffic area near Meijer.
      12505 Old Meridian St, Carmel, IN 46032
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      2,520 SF

      Carmel Retail Space For Lease

      Retail space available in Carmel, Indiana, on North Meridian Street.
      13720-13756 N Meridian St, Carmel, IN 46032
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    • Contact for pricing
      1,275 SF

      Retail Space in High-Traffic Area

      1,275 SF retail space in Zionsville, high-traffic location.
      11145 N Michigan Rd, Carmel, IN 46032
      View Details
    • Contact for pricing
      2,193 SF

      Retail Space in Carmel, Indiana

      Retail space available for lease in Carmel, Indiana.
      11503 Springmill Rd, Carmel, IN 46032
      View Details

    Property Visit Statistics

    • Visits by month
      7.1k
    • Visitors by month
      6.5k
    • Avg Time on site
      8 min
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    1221 Rangeline Rd
    Carmel, IN 46032-2519
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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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