2370 116th St Carmel, IN 46032-3217

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Property lookup
Drive through restaurants
IN
Carmel
46032
2370 116th St

Property profile & analytics

2370 116th St, Carmel, IN 46032-3217

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Drive through restaurants
3,136 SF
0.92 lot acres

Off-Market

Property ID

US31-1151824

Value Estimations

$565,000

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Cap Rate Potential

Location Intelligence

Current Use by Public Records

Wendy's / Restaurant / Take-out & Catering

Property Details for 2370 116th St

Year built: 1980
Construction: WOOD
Lot size: 0.92 lot acres
Property type: Drive through restaurants
APN: 29-10-31-000-016.009-018
APU: 291031000016009018

Sales History

Date	Price	Buyer	Seller	Deed Type	Mortgage
Apr 24, 2013	—	Trident Foods Ltd	—	Deed Of Trust · related	$23M · Huntington National Bank
Feb 20, 2013	—	Cole Wy Portfolio In I LLC	Trident Foods Ltd	Warranty Deed · related	—
Apr 7, 2010	—	Trident Foods Ltd	—	Deed Of Trust · related	$14.4M · Huntington National Bank
Mar 12, 2009	—	Trident Foods Ltd	—	Loan Modification · related	$80M · Huntington National Bank
—	—	Trident Foods Ltd	—	Loan Modification · related	$38.7M · Huntington Nat'l Bk
—	—	Trident Foods Ltd	—	Loan Modification · related	$105M · Huntington Nat'l Bk

Value Estimations

based on Realmo’s proprietary methodology

AI approach

Method

Estimation

ML approach

$600,000
Comparable approach

Method

Estimation

AI Estimate

$533,000

Market price range: $275k - $567k
Alternative Use

Use

Estimation

RESTAURANT

$405,000
Current use

WAREHOUSE, STORAGE

$445,000
Change: +9% Conversion: Difficult

AUTO REPAIR, GARAGE

$365,000
Change: -10% Conversion: Difficult

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

Location Insight

Map
Local Demand

City: Carmel
County: Hamilton
State: Indiana
Longitude: -86.1151
Latitude: 39.957
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

$22,976

$877,700

$261,700

$1,139,400

$877,700

$261,700

$1,139,400

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