615 Carmel Dr Carmel, IN 46032-2815

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Property lookup
Drive through restaurants
IN
Carmel
46032
615 Carmel Dr

Property profile & analytics

615 Carmel Dr, Carmel, IN 46032-2815

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Drive through restaurants
4,833 SF
0.93 lot acres

Off-Market

Property ID

US31-0047860

Value Estimations

$675,000

Show details

Cap Rate Potential

Location Intelligence

Current Use by Public Records

SalesForekast / (Bike/Boat/Book/etc) Store / Corporate Office
Dormir Clinical Trials / Physician / Medical Clinic
Decatur Vein Clinic / Medical Clinic
Taco Bell / Restaurant / Take-out & Catering
Kelli Payne / Marriage Or Relationship Counselor

Property Details for 615 Carmel Dr

Year built: 1994
Construction: WOOD
Lot size: 0.93 lot acres
Property type: Drive through restaurants
APN: 29-10-31-000-017.000-018
APU: 291031000017000018

Sales History

Date	Price	Buyer	Seller	Deed Type	Mortgage
Jan 9, 2013	—	National Retail Props INC	Fenneman & Brown Properties	Grant Deed	—
Jul 22, 2010	—	Fenneman & Brown Props LLC	—	Deed Of Trust · related	$51.3M · Wells Fargo Bank
Jun 16, 2009	—	Fenneman & Brown Props LLC	Gurevitz Properties LLC	Grant Deed	—
Apr 21, 2009	—	Gurevitz Properties LLC	Boston Market Corp	Grant Deed	—
Nov 1, 2007	—	Boston Market Corp	Boston Market Real Estate	Quit Claim Deed	—
Oct 10, 2007	—	Boston Market Real Estate Co	System Capital Real Prop Corp	Warranty Deed	—

Value Estimations

based on Realmo’s proprietary methodology

AI approach

Method

Estimation

ML approach

$645,000
Comparable approach

Method

Estimation

AI Estimate

$707,000

Market price range: $424k - $873k
Alternative Use

Use

Estimation

RESTAURANT

$625,000
Current use

WAREHOUSE, STORAGE

$685,000
Change: +9% Conversion: Difficult

AUTO REPAIR, GARAGE

$560,000
Change: -10% Conversion: Difficult

RETAIL STORES

$505,000
Change: -19% Conversion: Easy

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

Location Insight

Map
Local Demand

City: Carmel
County: Hamilton
State: Indiana
Longitude: -86.1165
Latitude: 39.9616
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

$30,462

$887,200

$623,500

$1,510,700

$887,200

$623,500

$1,510,700

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