Property profile

2438 116th St Carmel, IN 46032

OFF-MARKET
Strip malls
Property ID
US31-3560612
18,414 SF 0.36 ac lot Built 1974
Entity Owned Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Construction TYPE NOT SPECIFIED
Total area 18,414 SF
Lot 0.36 ac (15,899 SF)
APN 29-10-31-000-011.000-018
UPID US31-3560612

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
  • (Bike/Boat/Book/etc) Store
  • Electronics & Wireless Store Computer & Electronic Repair

Location

2438 116th St Carmel, IN 46032-3219
Carmel metro Census 111007 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2026
4 recorded transactions
2026
$1.7M
2026
Price N/A
2007
Price N/A
2004
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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