14450 Mundy Dr Noblesville, IN 46060-7222
Property profile & analytics
14450 Mundy Dr Noblesville, IN 46060-7222
- Warehouses
- 66,469 SF
- 8.38 lot acres
Property ID
US31-0784180
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.
Location Intelligence
Current Use by Public Records
- Urban Air Trampoline and Adventure Park / Arcade & Gaming Center / Family Recreation Center
Property Details for 14450 Mundy Dr
- Year built
- 2003
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 8.38 lot acres
- Property size
- 66,469 SF
- Property type
- Warehouses
- APN
- 29-11-19-039-004.000-019
- APU
- 291119039004000019
Description
This exceptional Class A retail property, totaling 66,469 square feet, boasts a 7.10% cap rate and is fully leased to Crunch Fitness and Urban Air Adventure Park. Located in Noblesville, Indiana, at the intersection of Rt 37 & 146th, this prime location benefits from high visibility and accessibility, situated near major retailers such as Costco and numerous corporate campuses. The single-story building, constructed in 2003 and extensively renovated in 2024, sits on an 11.45-acre lot and offers 323 parking spaces. Both tenants are franchisees with long-term leases extending to December 31, 2033, providing a stable income stream. The property's strong financial performance is reflected in its $781,000 NOI and $11,000,000 asking price, translating to a price per square foot of $165.49. The property is zoned C-1 and offers a compelling investment opportunity for those seeking a high-performing, multi-tenant retail asset in a thriving Indiana market. This core investment features a multi-tenant occupancy of 100% and provides a secure, long-term investment prospect. The property's strategic location within the rapidly growing Noblesville area, near Carmel and Fishers, ensures continued high demand and strong rental income potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,105,000
- 6.5%
- $4,715,000
- 7%
- $4,375,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,010,000
Market price range: $2.54M - $5.74M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Noblesville
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.0017
- Latitude
- 39.9984
- 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
$88,433
$2,254,000
$1,133,700
$3,387,700
-
$2,254,000
$1,133,700
$3,387,700
