Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    9750 Gray Rd Carmel, IN 46280-2948

    • Auto shops
    • 55,313 SF
    • 17.78 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 15, 2022
    $29,159,380
    Location Intelligence
    Property ID
    US31-1110756
    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

    • Auto shops

    Property Details for 9750 Gray Rd

    Year built
    2003
    Construction
    TYPE NOT SPECIFIED
    Lot size
    17.78 lot acres
    Property size
    55,313 SF
    Property type
    Auto shops
    APN
    29-14-08-008-001.000-018
    APU
    291408008001000018

    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
    -86.0902
    Latitude
    39.929
    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
    $213,055
    $5,715,800
    $4,852,400
    $10,568,200
    -
    $5,715,800
    $4,852,400
    $10,568,200

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      3774 Bauer W Dr

      AUTO REPAIR, GARAGE • 7,200 SF
      3774 Bauer W Dr, Indianapolis, IN 46280
      View Details
    • Value Estimation by Request
      3,600 SF

      10550 Jessup Blvd

      AUTO REPAIR, GARAGE • 3,600 SF
      10550 Jessup Blvd, Carmel, IN 46280-1451
      View Details
    • Value Estimation
      $365,000
      4,716 SF

      770 106th St

      AUTO REPAIR, GARAGE • 4,716 SF
      770 106th St, Carmel, IN 46280-1420
      View Details
    • Value Estimation by Request
      3,840 SF

      740 106th St

      AUTO REPAIR, GARAGE • 3,840 SF
      740 106th St, Carmel, IN 46280-1420
      View Details
    • Value Estimation
      $1,100,000
      63,400 SF

      9727 Bauer Dr

      AUTO REPAIR, GARAGE • 63,400 SF
      9727 Bauer Dr, Carmel, IN 46280-1904
      View Details
    • Value Estimation
      $460,000
      9,416 SF

      9800 Gray Rd

      AUTO REPAIR, GARAGE • 9,416 SF
      9800 Gray Rd, Carmel, IN 46280-1907
      View Details

    Similar Nearby for Sale

    • $249,000
      Pending

      Carmel Duplex Investment Opportunity

      Two-unit duplex near Monon Trail, generating income in good condition.
      10438 Bellefontaine St, Indianapolis, IN 46280
      View Details
    • $249,000
      Pending

      Carmel Duplex Investment Opportunity

      Duplex in good condition with solid income in Central Carmel.
      10442 Bellefontaine St, Indianapolis, IN 46280
      View Details
    • Contact for pricing

      Carmel Commercial Land for Sale

      2.67 acres in Carmel, suited for neighborhood retail.
      Wild Cherry Ln, Indianapolis, IN 46280
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,500 SF

      Retail Space on Lakeshore Drive

      7,500 SF retail space with high traffic exposure.
      9700 Lake Shore Dr E, Indianapolis, IN 46280
      View Details
    • $18 SF/Yr
      10,616 SF

      Retail Space on College Avenue

      Retail space with high visibility and street signage opportunities.
      10567 North College Ave, Carmel, IN 46280
      View Details
    • $18 SF/Yr
      1,596 SF

      Retail Space on College Avenue

      1,596 SF retail space with high street visibility.
      10567-10569 N College Ave, Indianapolis, IN 46280
      View Details
    • Contact for pricing

      Furnished Office Space Available Now

      Sublease opportunity: furnished office space with amenities.
      301 Pennsylvania Pkwy, Indianapolis, IN 46280
      View Details
    • Contact for pricing
      36,697 SF

      Class A Office Park Space

      Class A office park with high visibility and modern amenities.
      501 Pennsylvania Pkwy, Indianapolis, IN 46280
      View Details
    • $15 SF/Yr
      20,444 SF

      Keystone Office Park: 4 Buildings

      Indianapolis Office Space: Multiple Suites Available
      3021 98Th St, Indianapolis, IN 46280
      View Details

    Property Visit Statistics

    • Visits by month
      7.4k
    • Visitors by month
      5.0k
    • Avg Time on site
      53 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9750 Gray Rd
    Carmel, IN 46280-2948
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.