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    Property profile & analytics

    147 Carmel Dr Carmel, IN 46032-2525

    • Warehouses
    • 8,736 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Last Sale
    Jul 31, 2025
    Location Intelligence
    Property ID
    US31-3017156
    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

    • StorageMart / Self-Storage Facility / Moving And Storage Service
    • Gill Dumpster Rental / Garbage Dump Service

    Property Details for 147 Carmel Dr

    Year built
    1987
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.59 lot acres
    Property size
    8,736 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    29-09-36-402-024.002-018
    APU
    290936402024002018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $660,000

    • CAP approach

      CAP return
      Estimation
      6%
      $870,000
      6.5%
      $985,000
      7%
      $995,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $920,000
      Geo Method
      $920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $745,000
      Retail
      $810,000
      Mixed-Use
      $865,000
      Hospitality
      $935,000
      Educational
      $850,000
      Residential Income
      $835,000
      Energy
      $720,000
      Income-Based Land
      $715,000
      Food Service
      $920,000

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1304
    Latitude
    39.9599
    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
    $22,015
    $438,600
    $649,700
    $1,088,300
    -
    $438,600
    $649,700
    $1,088,300

    Comparable in this City

    • Value Estimation by Request
      4,150 SF

      9834 Michigan Rd

      MINI-WAREHOUSE, STORAGE • 4,150 SF
      9834 Michigan Rd, Carmel, IN 46032-7925
      View Details
    • Value Estimation by Request
      46,475 SF

      1099 Rangeline Rd

      MINI-WAREHOUSE, STORAGE • 46,475 SF
      1099 Rangeline Rd, Carmel, IN 46032-1363
      View Details
    • Value Estimation by Request
      4,900 SF

      550 Carmel Dr

      MINI-WAREHOUSE, STORAGE • 4,900 SF
      550 Carmel Dr, Carmel, IN 46032-2566
      View Details
    • Value Estimation
      $485,000
      4,752 SF

      155 Carmel Dr

      MINI-WAREHOUSE, STORAGE • 4,752 SF
      155 Carmel Dr, Carmel, IN 46032-2525
      View Details
    • Value Estimation by Request
      11,100 SF

      765 Carmel Dr

      MINI-WAREHOUSE, STORAGE • 11,100 SF
      765 Carmel Dr, Carmel, IN 46032-5802
      View Details
    • Value Estimation
      $520,000
      3,696 SF

      147 Carmel Dr

      MINI-WAREHOUSE, STORAGE • 3,696 SF
      147 Carmel Dr, Carmel, IN 46032-2525
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.60 Acres

      Downtown Carmel Development Land

      Prime 3.6-Acre Commercial Lot
      105 Carmel Dr, Carmel, IN 46032
      View Details
    • Contact for pricing
      2,397 SF

      Carmel Retail Condominiums For Sale

      Three ground floor retail condominiums available in Carmel, Indiana.
      7015 E 146Th St, Carmel, IN 46032
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      Carmel Land For Sale

      Approximately 1.78 acres of land zoned UC.
      12800 N Old Meridian St, Carmel, IN 46032
      View Details
    • $400,000
      Pending

      Carmel Office Property For Sale

      Commercial property in Carmel, Indiana, suitable for office conversion.
      3750 W 97Th St, Carmel, IN 46032
      View Details
    • New
      $520,000
      1.00 Acre

      Carmel, IN Residential Building Lot

      One-acre residential lot in exclusive Asherwood community, Carmel, Indiana.
      1434 N Asherwood Ln, Carmel, IN 46032
      View Details
    • Contact for pricing
      1.53 Acres

      Prime Carmel Land Investment

      21.52 Acres, US 31 Access
      15206 Westfield Blvd, Carmel, IN 46032
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      76,735 SF

      Carmel Tech Center Warehouse Space

      76,735 SF Warehouse, Multiple Suites Available
      12202 Hancock St, Carmel, IN 46032
      View Details
    • Contact for pricing
      26,098 SF

      Hamilton Crossing Flex/Industrial Space

      Flex/Industrial space in Hamilton Crossing Office Park for lease.
      12722-12802 Hamilton Crossing Blvd, Carmel, IN 46032
      View Details
    • Contact for pricing
      10,488 SF

      Curley Building: Prime Retail/Industrial Site

      10,488 SF, 3.6 Acres, High Traffic
      105 Carmel Dr, Carmel, IN 46032
      View Details
    • $15 SF/Yr
      73,657 SF

      Carmel Tech Center Building 2

      Flex space • 73,657 SF
      12300 Hancock St, Carmel, IN 46032
      View Details
    • $10 SF/Yr
      172,643 SF

      4305-4353 96Th St

      Flex space • 172,643 SF
      4305-4353 96Th St, Carmel, IN 46032
      View Details
    • $23 SF/Yr
      93,355 SF

      SePRO Tower: Carmel Office Space

      Prime Carmel office suites, various sizes.
      11550 Meridian St, Carmel, IN 46032
      View Details

    Property Visit Statistics

    • Visits by month
      1.8k
    • Visitors by month
      1.2k
    • Avg Time on site
      28 min
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    Carmel, IN 46032-2525
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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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