Carmel Office For Sale- 311 N. Rangeline Road

Office for Sale
Catylist Listing ID: 30757462
Property Subtypes: Office Building
Building Size (RSF): 2,281 SF
Gross Land Area: 0.25 Acres
Sale Price: $650,000
Unit Price: $284.96 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2021

Overview / Comments

Northern Commercial is pleased to present this owner-user opportunity located in the heart of Carmel's Arts & Design District. Unique renovated property with 4-5 offices, kitchen, storage areas, rear parking with 6+ vehicles, and exterior storage building. Steps from downtown amenities: restaurants, shopping, banking, and the Monon Trail. A 1.5 story, 2,281sf building on a 1/4 of an acre in downtown Carmel.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $4,959 (Annual)
Tax Value Land $162,900
Tax Value Improvements $76,600
Assessed Value - Total($) $239,500 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $4,788 (Annual)
Tax Value Land $162,900
Tax Value Improvements $75,900
Assessed Value - Total($) $238,800 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $4,498 (Annual)
Tax Value Land $156,000
Tax Value Improvements $80,800
Assessed Value - Total($) $236,800 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $4,703 (Annual)
Tax Value Land $156,000
Tax Value Improvements $80,800
Assessed Value - Total($) $236,800 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $4,372 (Annual)
Tax Value Land $173,300
Tax Value Improvements $80,800
Assessed Value - Total($) $254,100 (Annual)

Additional Details

Nearest MSA: Indianapolis-Carmel
County: Hamilton
Tax ID/APN: 29-10-30-901-025.000-018
Total Number of Buildings: 1
Number of Stories: 2
Construction/Siding: Other
Exterior Description: Cement Fiber Siding
Parking Type: Surface
Parking Description: Rear parking 6+ vehicles
Zoning Description: Commercial Office
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Acreage .00, Section 30, Township 18, Range 4, D WILKINSON, Lot 9

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,306 60,751 150,021
Median Age: 37.65 39.54 37.83
Households: 5,706 23,043 60,335

Contact

Photograph of Listing Agent

Craig Kaiser

ICREX Member
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