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    16548 Summer Rd Noblesville, IN 46060-9775
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    Property profile & analytics

    16548 Summer Rd Noblesville, IN 46060-9775


    • Warehouses
    • 3,600 SF
    • 2.77 lot acres
    Off-Market
    Last Sale Apr 12, 2022
    $560,000
    Property ID
    US31-0246860
    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.

    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alfa Cleaning Services / Hardware & Home Improvement
    • Providence Construction Group, INC / Construction Company

    Property Details for 16548 Summer Rd

    Year built
    1977
    Construction
    WOOD
    Lot size
    2.77 lot acres
    Property size
    3,600 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    29-11-10-000-001.004-016
    APU
    291110000001004016

    Description

    This exceptional Noblesville, Indiana investment opportunity presents a 15,950 square foot flex space property located at 16548 Summer Rd, zip code 46060, Hamilton County. Built in 1955 and extensively renovated in 2023, this versatile property boasts a unique blend of office spaces, flex industrial units, and self-storage solutions, creating multiple revenue streams. The property's A2-(s) - Ag Subdivision zoning allows for diverse uses. The modern office space is adaptable to various professional needs, from startups to established businesses. Its strategic location offers easy access to major roadways, including Highway 37, Highway 38, and I-69, placing it within minutes of the Indianapolis Metropolitan Airport. The property comprises two parcels with four structures, situated in Hamilton County yet conveniently close to Noblesville city utilities at 166th Street. This presents significant potential for future development, including mixed-use projects, townhomes, multifamily dwellings, or even a neighborhood brewery, subject to necessary city/county approvals. This property is an ideal investment for those seeking a high-return asset with adaptability and broad tenant appeal.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $710,000
      ML approach
      $725,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $693,000
      Market price range: $355k - $749k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $520,000
      Current use
      AUTO REPAIR, GARAGE
      $1,040,000
      Change: +100% Conversion: Easy
      COMMERCIAL (GENERAL)
      $540,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Noblesville
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.9563
    Latitude
    40.0298
    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
    $4,966
    $71,000
    $219,100
    $290,100
    -
    $71,000
    $219,100
    $290,100
    More about this property
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