580 Carmel DrCarmel, IN 46032

  • Office properties
  • 30,430 SF
For Lease
$21/SF/YR View listing

Property Details for 580 Carmel Dr

Year built
2015
Construction
TYPE NOT SPECIFIED
Lot size
2.09 AC
Property size (Sq ft)
30,430 SF
Property type
Office properties
Property subtype
Other office properties
APN
29-10-31-000-022.002-018
APU
291031000022002018

Description

This exceptional 30,430 square foot, single-building office property at 580 E Carmel Drive, Carmel, IN 46032, offers a diverse range of office spaces to suit various business needs. Built in 2015, the building boasts a prime location in the Keystone and Carmel Drive submarket, conveniently situated near Keystone Cross Street and zoned C-1. Multiple tenancy options are available, with suites ranging from 284 to 2,131 square feet. The building features modern amenities including elevators and abundant free parking. Large floor-to-ceiling windows provide ample natural light, and opportunities for exterior signage are available. The property is well-maintained and benefits from local and on-site management. This versatile space is suitable for traditional office, executive office, coworking, medical office, or creative office uses. Second-generation space may also be an option. Contact us today to explore the possibilities and schedule a viewing of this exceptional Carmel office property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,136,274
    6.5%
    $3,818,100
    7%
    $3,545,378
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,779,102
    Geo Method
    $3,779,102
  • Alternative Use

    Use
    Valuation
    Residential
    $4,734,444
    Hospitality
    $4,336,724
    Educational
    $3,608,104
    Medical
    $3,732,192
    Retail
    $5,612,606
580 Carmel Dr, Carmel, Indiana

Location Insight

City
Carmel
County
Hamilton
State
Indiana
Latitude
39.9634
Longitude
-86.1163
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
$51,474
$261,900
$2,291,100
$2,553,000
-
$261,900
$2,291,100
$2,553,000

FAQs

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