Property profile

39 Main St Carmel, IN 46032

OFF-MARKET
Office Spaces
Property ID
US31-1165993
1,540 SF 0.07 ac lot Built 1900
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Construction WOOD
Total area 1,540 SF
Lot 0.07 ac (3,036 SF)
APN 29-09-25-162-005.000-018
UPID US31-1165993

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
  • Financial Advisor
  • Financial Advisor

Location

39 Main St Carmel, IN 46032-1763
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
$480k
Blend (final) Blend
$970k

Owner & transaction history

since 2023
Last sale
$650,000
3 recorded transactions
2023
$650,000
2021
Price N/A
2014
$350,000

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $670,000 +56.8%
Retail stores $510,000 +19.8%
Auto repair, garage $445,000 +4.3%

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 39 Main 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