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Property profile & analytics
OFF-MARKET Estimated value $860,000
Office Spaces

30 1st SW St Carmel, IN 46032-2102

4,752 SF 0.09 ac lot Built 2005
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US31-0572310
Property summary
AI-generated overview

This exceptional medical office space, located at 30 1st Street SW in Carmel, Indiana, presents a fantastic opportunity for healthcare professionals seeking a prominent location in Hamilton County. The property boasts a total of 4,752 square feet, with 2,376 square feet currently available for lease. This contiguous space is ideal for a variety of medical practices, offering ample room for patient care, administrative functions, and support staff. The building's classification as both retail and office space suggests a versatile environment suitable for a range of medical specialties. The address is situated in the heart of Downtown Carmel, providing excellent visibility and accessibility for patients. The zip code is 46032. The property is a multi-tenant building, offering the potential for collaboration and networking with other healthcare providers. The available space is ready for immediate occupancy, allowing for a swift and efficient transition for your practice. This is a rare opportunity to establish or expand your medical practice in a thriving and desirable location. The property's size and location make it an attractive option for a variety of medical businesses. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2005
Construction WOOD
Total area 4,752 SF
Lot 0.09 ac (3,920 SF)
APN 29-09-25-162-026.000-018
UPID US31-0572310
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FedEx Drop Box Postal Service Courier Service
  • Dennis P. Lauck, OD Physician
  • Dr. Angeline Mclean Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$985k
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k
Owner & transaction history
Leechco Properties LLC · 22 yrs held
Leechco Properties LLC
since 2004
4 recorded transactions
2024
Price N/A
2010
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.4M +4.3%
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