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Investment Highlights

  • Affluent Carmel demographics with average household income over $154,000 within a 5-mile radius
  • Dedicated monument signage and full property control, ideal for an owner-user or tenant needing standalone presence
  • Located near major retailers including Target, Walmart Supercenter, Lowe’s, Menards, Kohl’s, ALDI, Best Buy, and Clay Terrace
  • Strong visibility near the US-31 / N. Meridian corridor with reported traffic counts over 54,000 vehicles per day
  • 20 existing surface parking spaces with room to expand parking on-site if needed
  • Strong fit for veterinary, medical, dental, daycare, med spa, professional office, or similar commercial use

Executive Summary

15018 Greyhound Court offers a rare freestanding commercial opportunity in the highly desirable Carmel-Westfield corridor. The property sits on a full 1.00-acre lot and is located near major retail anchors including Target, Walmart Supercenter, Lowe’s, Menards, Kohl’s, ALDI, Best Buy, and Clay Terrace.
The building was previously used as an animal hospital and still has an interior layout suited for veterinary or similar medical-style use. It is also a strong candidate for medical office, dental, daycare, med spa, professional office, or another service-based commercial user looking for a standalone building with dedicated parking and signage.
The property includes 20 surface parking spaces, dedicated monument signage, and room to expand parking on-site if needed. The location benefits from strong nearby traffic counts, including reported visibility of over 54,000 vehicles per day along the US-31 / N. Meridian corridor.
The property is being offered vacant and as-is, allowing a buyer or tenant to renovate and customize the building for their specific use.
Square footage is an estimate derived from public records. Buyer and/or tenant to independently verify all measurements, zoning, permitted uses, parking requirements, and property condition during due diligence.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Building Size
5,403 SF
Building Class
C
Year Built
1986
Price
$985,000
Price Per SF
$182.31
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,403 SF
Building FAR
0.12
Lot Size
1.00 AC
Zoning
GB - General Business (GB)
Parking
20 Spaces (3.7 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 5,403 SF
  • Office
  • -
  • Now

Entire freestanding building available for lease in the Carmel-Westfield corridor. Public records show approximately 5,403 SF on a full 1.00-acre lot. The building was previously used as an animal hospital and still has a veterinary-style interior buildout. The space is best suited for a tenant looking to renovate or customize the building for their use, including veterinary, medical, dental, daycare, med spa, professional office, or similar service-based use. Property includes 20 existing surface parking spaces, dedicated monument signage, and room to expand parking on-site if needed. Located near Target, Walmart Supercenter, Lowe’s, Menards, Kohl’s, ALDI, Best Buy, and Clay Terrace. Offered vacant and as-is under a NNN lease structure. Also available for lease. Ownership may consider a competitive below-market lease rate for a qualified tenant, depending on lease term, tenant improvements, credit strength, and overall deal structure. Tenant to independently verify square footage, zoning, permitted uses, parking requirements, and property condition during due diligence.

Space Size Space Use Build-Out Available
1st Floor 5,403 SF Office - Now

1st Floor

Size
5,403 SF
Space Use
Office
Build-Out
-
Available
Now

1st Floor

Size 5,403 SF
Space Use Office
Build-Out -
Available Now

Entire freestanding building available for lease in the Carmel-Westfield corridor. Public records show approximately 5,403 SF on a full 1.00-acre lot. The building was previously used as an animal hospital and still has a veterinary-style interior buildout. The space is best suited for a tenant looking to renovate or customize the building for their use, including veterinary, medical, dental, daycare, med spa, professional office, or similar service-based use. Property includes 20 existing surface parking spaces, dedicated monument signage, and room to expand parking on-site if needed. Located near Target, Walmart Supercenter, Lowe’s, Menards, Kohl’s, ALDI, Best Buy, and Clay Terrace. Offered vacant and as-is under a NNN lease structure. Also available for lease. Ownership may consider a competitive below-market lease rate for a qualified tenant, depending on lease term, tenant improvements, credit strength, and overall deal structure. Tenant to independently verify square footage, zoning, permitted uses, parking requirements, and property condition during due diligence.

Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
29-09-13-000-012.026-015
Land Assessment
$350,000
Improvements Assessment
$112,700
Total Assessment
$462,700
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 41112650

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 15018 Greyhound Ct, Carmel, IN 46032

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