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    Property profile & analytics

    Pennsylvania Pkwy Carmel, IN 46280

    • Commercial land
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2847998
    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

    • Commercial land

    Property Details for Pennsylvania Pkwy

    Lot size
    1.86 lot acres
    Property type
    Commercial land
    APN
    29-13-11-418-001.010-018
    APU
    291311418001010018

    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
    -86.1523
    Latitude
    39.932
    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
    $75
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.41 Acres

      Day Dr

      VACANT COMMERCIAL LAND • 0.41 Acres
      Day Dr, Carmel, IN 46280
      View Details
    • Value Estimation by Request
      1.57 Acres

      10210 Pennsylvania Pkwy

      VACANT COMMERCIAL LAND • 1.57 Acres
      10210 Pennsylvania Pkwy, Carmel, IN 46280-1682
      View Details
    • Value Estimation by Request
      0.10 Acres

      106th St

      VACANT COMMERCIAL LAND • 0.10 Acres
      106th St, Carmel, IN 46280
      View Details
    • Value Estimation by Request
      0.13 Acres

      730 106th St

      VACANT COMMERCIAL LAND • 0.13 Acres
      730 106th St, Carmel, IN 46280-1420
      View Details
    • Value Estimation by Request
      5.51 Acres

      Meridian St

      VACANT COMMERCIAL LAND • 5.51 Acres
      Meridian St, Carmel, IN 46280
      View Details
    • Value Estimation by Request
      0.45 Acres

      1328 111th St

      VACANT COMMERCIAL LAND • 1,500 SF
      1328 111th St, Indianapolis, IN 46280
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Carmel Commercial Land for Sale

      2.67 acres in Carmel, suited for neighborhood retail.
      Wild Cherry Ln, Indianapolis, IN 46280
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    • $425,000
      0.35 Acres

      Carmel Duplex: Investment Opportunity

      Carmel duplex with two units, great for rental income.
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    Similar Nearby for Lease

    • 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
      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
    • 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
    • $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
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    Pennsylvania Pkwy
    Carmel, IN 46280
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    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
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