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Property profile & analytics
FOR LEASE
Medical Office Space

14555 Hazel Dell Pkwy Carmel, IN 46033

9,480 SF 3.07 ac lot Built 2006
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0639815
Property summary
AI-generated overview

This exceptional medical office building, located at 14555 Hazel Dell Parkway in Carmel, Indiana, offers a prime opportunity for healthcare professionals. The property boasts a total of 12,250 square feet, currently fully vacant and available for lease. The building is comprised of two suites, offering flexible space options. Individual suites can be leased with a minimum of 1,600 square feet, while a maximum of 9,500 contiguous square feet is available. This allows for a variety of tenant needs, from smaller practices to larger medical groups. The building's location in Hamilton County provides convenient access to a wealth of amenities, including nearby shops, banks, and restaurants, ensuring both convenience for staff and accessibility for patients. While 1,600 to 2,750 square feet of medical office space is immediately available, an additional 9,500 square feet can be accommodated in a future build-out, providing significant expansion potential for growing practices. This presents a unique opportunity to establish or expand a medical practice in a thriving Carmel community. The property's address is 14555 Hazel Dell Parkway, Carmel, IN 46033.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Construction WOOD
Total area 9,480 SF
Lot 3.07 ac (133,729 SF)
APN 29-10-22-022-002.000-018
UPID US31-0639815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Holly Coriell Physician
  • James Weddell Dental Office
  • Dr. Jaclyn Hopen Dental Office
  • Jason Bunch Dental Office
  • Hyperbaric Oxygen Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$802k
Blend (final) Blend
$760k
Owner & transaction history
Plum Creek Partners LLC · 20 yrs held
Plum Creek Partners LLC
since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +144.2%
Auto repair, garage $1.1M +114.7%
Retail stores $965,000 +95.6%
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