Property profile

9802 Michigan Rd Carmel, IN 46032

OFF-MARKET
Turn key restaurants
Property ID
US31-1297031
3,301 SF 1.76 ac lot Built 2015
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2015
Construction WOOD
Total area 3,301 SF
Lot 1.76 ac (76,666 SF)
APN 29-13-07-000-044.001-018
UPID US31-1297031

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Take-out & Catering Catering Service
  • Restaurant
  • Restaurant

Location

9802 Michigan Rd Carmel, IN 46032-7925
Carmel metro Census 111103 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k

Owner & transaction history

since 2025
Last sale
$1.5M
1 recorded transaction
2025
$1.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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