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Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 10 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 21,000 SF
- Lot area
- 1.46 ac
- Year built
- 2001
- Stories
- 1
- APN
- 29-13-07-010-004.002-018
- Assessed value · 2023
- $1,016,600
- Annual tax · 2023
- $20,495
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $20,495
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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