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Executive Summary
11690 Technology Drive presents a unique opportunity for an owner-user or investor to acquire a well-located 14,018 SF office/flex building on 2.45 acres in the heart of Carmel’s thriving business corridor. The property offers a balanced layout with 9,521 SF of office and 4,497 SF of warehouse, ideal for companies seeking a combination of professional office space and light industrial functionality.
The building features B6 zoning, 14’ clear height, one dock door and two drive-in doors, allowing for efficient loading and operational flexibility. Positioned within close proximity to major corporate users, retail amenities, and the US-31/Meridian Street corridor, this asset provides exceptional accessibility for both employees and clients.
With a strong mix of office and warehouse space, 11690 Technology Drive stands out as a rare chance to secure an owner-occupied facility in one of Indiana’s most desirable and supply-constrained submarkets.
The building features B6 zoning, 14’ clear height, one dock door and two drive-in doors, allowing for efficient loading and operational flexibility. Positioned within close proximity to major corporate users, retail amenities, and the US-31/Meridian Street corridor, this asset provides exceptional accessibility for both employees and clients.
With a strong mix of office and warehouse space, 11690 Technology Drive stands out as a rare chance to secure an owner-occupied facility in one of Indiana’s most desirable and supply-constrained submarkets.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
14,018 SF
Building Class
C
Year Built
1987
Price
$3,250,000
Price Per SF
$231.84
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,018 SF
Building FAR
0.15
Lot Size
2.08 AC
Zoning
B-6
Parking
60 Spaces (4.28 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 29-09-35-001-010.000-018 | Improvements Assessment | $686,700 (2025) |
| Land Assessment | $612,500 (2025) | Total Assessment | $1,299,200 (2025) |
Property Taxes
Parcel Number
29-09-35-001-010.000-018
Land Assessment
$612,500 (2025)
Improvements Assessment
$686,700 (2025)
Total Assessment
$1,299,200 (2025)
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11690 Technology Dr
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