Property profile

234 Carmel Dr Carmel, IN 46032

OFF-MARKET
Office Spaces
Property ID
US31-1151426
20,040 SF 3.18 ac lot Built 1987
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Construction WOOD
Total area 20,040 SF
Lot 3.18 ac (138,521 SF)
APN 29-10-31-001-001.004-018
UPID US31-1151426

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Title Company

Location

234 Carmel Dr Carmel, IN 46032-2635
Carmel metro Census 111007 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.22M

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2011
Price N/A
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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