Hamilton Crossing IV
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Low ConfidenceBased on 3 comparable office sale listings in the area.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $93.77/SF | — | direct_comps |
| Utilities | — | 5.1¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1450/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| OpenSearch Listings | comparable_listings | 3 | — | real-time | — |
Description
Three story building located in the Hamilton Crossing Office Park. Hamilton Crossing IV has 4.8/1000 parking. The Office park features an on-site deli café, fitness center, conference center, and walking trails.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
12900 n meridian st carmel, in, 46032, carmel, IN 46032
Market Context
As of Q1 2026, the Indianapolis office market showed average asking rents near $20.98/SF/yr. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 8.6%, asking rent held flat).
Compare it against other office listings for sale in Carmel, IN to benchmark pricing and space — view the full market.
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Sale Price History
Market report quarterly trend fallback
- Avg Rent ($/SF/yr) (market data)
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: office in carmel, IN
More Office for Sale in Carmel, IN(5)
Hamilton Crossing III
carmel, IN
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Hamilton Crossing VI
carmel, IN
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Hamilton Crossing V
carmel, IN
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Hamilton Crossing VI
13085 N Meridian St Carmel, IN
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Hamilton Crossing III
12800 N Meridian St Carmel, IN
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
