4250 W 99Th St Carmel, IN 46032
Property profile & analytics
4250 W 99Th St Carmel, IN 46032
- Warehouses
- 21,000 SF
- 1.46 lot acres
Property ID
US31-1289063
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- VIKING MECHANICAL, LLC / Plumbing Service / General Contractor
- aoi / Food Market / Farmer's Market
- NoveltyMints / Specialty Food Shop / Candy Store
- DSH Indiana, Inc. / Corporate Office
- CoasterStone / Corporate Office
Property Details for 4250 W 99Th St
- Year built
- 2001
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.46 lot acres
- Property size
- 21,000 SF
- Property type
- Warehouses
- APN
- 29-13-07-010-004.002-018
- APU
- 291307010004002018
Description
This exceptional 21,000-square-foot industrial property in the Mayflower Park - Carmel submarket presents a unique opportunity for single or multi-tenant occupancy. Built in 2001 and extensively renovated in 2024, the building boasts a single story, offering 17' to 19' clear ceiling heights. The space is divisible, with a minimum leasable area of 8,400 square feet and a maximum contiguous space of 21,000 square feet. Two suites are available, each offering significant flexibility. One suite encompasses approximately 12,600 square feet, including 965 square feet of office space (or build-to-suit options are available). The second suite offers 8,400 square feet, also with 965 square feet of office space (or build-to-suit). The property features two 8'x9' loading docks and three 12'x14' drive-in doors, ensuring efficient loading and unloading. Power is provided by a 120/280-volt, 800-amp, 3-phase system. The property is zoned I-2 and benefits from convenient access to US 421, I-465, and I-65. The property is ready for tenant improvements in January 2025. The lease rate is $13.95 per square foot, NNN, with estimated 2024 operating expenses of $2.30 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,800,000
- 6.5%
- $2,585,000
- 7%
- $2,400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,488,000
- AI Estimate
- $2,438,000
Market price range: $2.07M - $4.37MMarket price range: $646k - $4.93M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,030,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Carmel
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.2384
- Latitude
- 39.931
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,495
$262,800
$753,800
$1,016,600
-
$262,800
$753,800
$1,016,600
