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Financial
Distress signals
Property profile

3985 106th St Carmel, IN 46032

OFF-MARKET
Other office properties
Property ID
US31-0222863
9,960 SF 1.31 ac lot Built 2002
Last sale Jun 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a medical office facility offering suites with interior areas totaling approximately 1,539 to 3,566 square feet. The layout includes private tenant entrances intended to provide clear accessibility and separate identity for each user. The interior is currently built out for medical use for an eye doctor, with configuration suitable for continued healthcare operations or potential conversion to standard office use. Parking is provided at the front door for visitors and additional…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$1.46M
Assessed land$524k
Assessed improvement$931k
Effective rate2.02%

Value estimate

· Oct 2026
$770k
$693k – $847k
CAP approach$2.07M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$277/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$155 – $405
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.4
Parking Facility9.5
Bakery9.3

Location

3985 106th St Carmel, IN 46032-7778
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1132 Rangeline, Carmel, IN 46032-2401 $2,300,000 Sep 2024 13,089 SF
698 Pro Med, Carmel, IN 46032-5319 $1,150,000 Oct 2023 8,350 SF
8 Main, Carmel, IN 46032-1764 $1,800,000 May 2023 5,348 SF
10445 Commerce, Carmel, IN 46032-7605 $2,500,000 Aug 2022 8,228 SF
160 Medical, Carmel, IN 46032-2923 $2,600,000 Jul 2022 8,128 SF
38 Main, Carmel, IN 46032-1764 $2,300,000 Oct 2021 11,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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