Technical
Financial
Distress signals
Property profile

3200 96th St Carmel, IN 46032

OFF-MARKET
Hotels
Property ID
US31-2802676
8,674 SF 112.51 ac lot Built 1964
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1964
Construction WOOD
Total area 8,674 SF
Lot 112.51 ac (4,900,936 SF)
APN 29-13-08-000-019.101-018
UPID US31-2802676

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
  • Golf Course
  • Nightclub Music Venue

Location

3200 96th St Carmel, IN 46032-9661
Carmel metro Census 111103 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
$715k
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $1.1M +25.3%
Auto repair, garage $1.0M +12.4%
Retail stores $905,000 +1.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3200 96th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message