755 Carmel Dr Carmel, IN 46032-5877
755 W Carmel Drive presents a remarkable investment opportunity in a thriving Carmel location. This multi-tenant Class A office building boasts a total of 45,255 square feet situated on a meticulously landscaped 2.99-acre site. The property's strategic positioning offers unparalleled access to the vibrant Carmel City Center and the renowned Carmel Arts District, ensuring high visibility and convenient access for tenants and clients. Currently, there are three available office spaces ranging in size from 675 square feet to 2,060 square feet, providing flexibility for businesses of varying scales. The building's M-3 zoning allows for a diverse range of professional uses, making it ideal for executive offices and medical practices alike. This exceptional property offers a blend of prime location, modern amenities, and ample space, presenting a compelling opportunity for discerning investors and businesses seeking a prestigious address in Carmel, Hamilton County. The fully improved 2.99-acre lot provides ample parking and potential for future expansion. The building's high-quality construction and desirable location ensure strong tenant demand and long-term value. This is a rare opportunity to acquire a well-maintained, high-performing asset in a highly sought-after area.
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Indy Facets (Bike/Boat/Book/etc) Store Clothing & Fashion Store
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Jacanna Designs (Bike/Boat/Book/etc) Store
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St Vincent Hospital & Health Hospital
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Siwy Plastic Surgery: Dr. Barbara K. Siwy Medical Clinic
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Fiona J. Kress, Ph.D., HSPP Counselor Child Psychologist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.