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    Property profile & analytics

    550 Rangeline Rd Carmel, IN 46032-2177

    • Parking lots & garages
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US31-0629183
    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.

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Truck Rental Agency / Van Rental Agency
    • Carmel Welding / Truck Rental Agency / Lawn Mower Store

    Property Details for 550 Rangeline Rd

    Year built
    1970
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.80 lot acres
    Property type
    Parking lots & garages
    APN
    29-09-25-404-012.000-018
    APU
    290925404012000018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1277
    Latitude
    39.9732
    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
    $6,336
    $304,000
    $10,300
    $314,300
    -
    $304,000
    $10,300
    $314,300

    Comparable in this City

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      13.93 Acres

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      0.62 Acres

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      0.25 Acres

      301 Carmel Dr

      PARKING LOT • 0.25 Acres
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      109,989 SF

      3rd SW Ave

      PARKING GARAGE, PARKING STRUCTURE • 109,989 SF
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      View Details
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      178,830 SF

      1215 Veterans Way

      PARKING GARAGE, PARKING STRUCTURE • 178,830 SF
      1215 Veterans Way, Carmel, IN 46032-3361
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    • Value Estimation by Request
      241,050 SF

      Rangeline Rd

      PARKING GARAGE, PARKING STRUCTURE • 241,050 SF
      Rangeline Rd, Carmel, IN 46032
      View Details

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      Retail End Cap Suite Available

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    Property Visit Statistics

    • Visits by month
      21.0k
    • Visitors by month
      11.7k
    • Avg Time on site
      6 min
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    550 Rangeline Rd
    Carmel, IN 46032-2177
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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