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    599 3rd SW Ave Carmel, IN 46032-2084
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    Property profile & analytics

    599 3rd SW Ave, Carmel, IN 46032-2084

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    • Manufacturing properties
    • 19,600 SF
    • 2.57 lot acres
    Off-Market
    Property ID
    US31-2066999
    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.

    Value Estimations
    $1,450,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shannon Door Co / Hardware & Home Improvement / Production Facility

    Property Details for 599 3rd SW Ave

    Year built
    1995
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.57 lot acres
    Property type
    Manufacturing properties
    APN
    29-09-25-000-015.101-018
    APU
    290925000015101018

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 27, 2021 — Pedcor Midtown I LLC Pedcor Investments 1988 III LP Limited Warranty Deed —
    Dec 21, 2020 — Pedcor Investments-1988-iii LP — Deed · related $1M · United Fidelity Bk Fsb
    Nov 21, 2019 — Pedcor Investments 1988 III LP — Loan Modification · related $9.5M · Horizon Bk
    Mar 12, 2008 — Pedcor Investments-1988-iii Cincinnati Capital Ptrs Lxxii Grant Deed —
    Apr 18, 2007 — Cincinnati Capital Ptrs Lxxii Burks,peter B Warranty Deed —
    — — Pedcor Investments-1988-iii LP — Deed Of Trust · related $1M · United Fidelity Bk Fsb

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,140,000
      6.5%
      $1,975,000
      7%
      $1,835,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,566,000
      Market price range: $441k - $2.70M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,310,000
      Current use
      AUTO REPAIR, GARAGE
      $2,280,000
      Change: +74% Conversion: Easy
      RETAIL STORES
      $2,045,000
      Change: +56% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,460,000
      Change: +12% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,195,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1305
    Latitude
    39.9723
    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
    $27,228
    $621,000
    $729,600
    $1,350,600
    -
    $621,000
    $729,600
    $1,350,600
    More about this property
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