Property profile

Rangeline S Rd Carmel, IN 46032

OFF-MARKET
Office Spaces
Property ID
US31-3186377
82,474 SF 0.69 ac lot Built 2018
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2018
Construction TYPE NOT SPECIFIED
Total area 82,474 SF
Lot 0.69 ac (30,056 SF)
APN 29-09-25-404-015.001-018
UPID US31-3186377

Cap rate & NOI

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

Location

Rangeline S Rd Carmel, IN 46032
Carmel metro Census 111007 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.93M
CAP Approach CAP
$17.13M
Comparable Approach Comparable
by Request
Blend (final) Blend
$16.66M

Owner & transaction history

since 2023
Last sale
$17.9M
3 recorded transactions
2023
$17.9M
2020
Price N/A
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $27.4M +19.8%
Auto repair, garage $23.8M +4.3%

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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