Property profile

508 Carmel Dr Carmel, IN 46032

OFF-MARKET
Turn key restaurants
Property ID
US31-0729559
11,704 SF 1.34 ac lot Built 1981
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1981
Construction TYPE NOT SPECIFIED
Total area 11,704 SF
Lot 1.34 ac (58,370 SF)
APN 29-10-31-000-023.102-018
UPID US31-0729559

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
  • Car Dealership

Location

508 Carmel Dr Carmel, IN 46032-2814
Carmel metro Census 111007 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$570k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

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
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