9998 Michigan Rd Carmel, IN 46032-9640
Property profile & analytics
9998 Michigan Rd Carmel, IN 46032-9640
- Commercial land
- 2.91 lot acres
Property ID
US31-1238760
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.
Location Intelligence
Current Use by Public Records
- Panorama / Travel Agency
- Indiana Members Credit Union ATM - No Public Access / Atm
- Wyndham Exchange & Rentals / Corporate Office
- Dial An Exchange / Travel Agency
Property Details for 9998 Michigan Rd
- Lot size
- 2.91 lot acres
- Property type
- Commercial land
- APN
- 29-13-07-007-001.000-018
- APU
- 291307007001000018
Description
This exceptional Class A office building presents a significant investment opportunity in the highly desirable West Carmel, Indiana market. The property encompasses a substantial 219,408 square feet across two stories within a single building, situated on a generous 22.1-acre parcel. Built in 1973, the property is zoned for office use and offers ample parking at a ratio of 5 spaces per 1,000 square feet, along with a convenient loading dock. Its prime location at 9998 N Michigan Rd, Carmel, IN 46032, places it at the gateway to Zionsville, benefiting from the combined strengths of these two thriving Indiana communities. The surrounding area is experiencing robust growth, with flourishing retail establishments bordering the property to the north, south, and east, and multiple new multi-family developments nearby. Internal amenities include a first-floor fitness center, full-service cafeteria, extensive conferencing space, and an outdoor patio area. The second floor offers dedicated recreational space. This property offers a unique blend of established infrastructure and significant growth potential within one of Indiana's most sought-after suburban locations. The city of Carmel consistently ranks highly for quality of life, boasting strong job growth, high income levels, excellent schools, low crime, and abundant recreational opportunities. This presents a compelling opportunity for investors seeking a well-located, substantial office property in a dynamic market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Carmel
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.2394
- Latitude
- 39.9339
- 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
$220
$8,700
$0.00
$8,700
-
$8,700
$0.00
$8,700
