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    Freestanding Auto Shop with Absolute NNN Lease
    Updated: Apr 12
    Freestanding Auto Shop with Absolute NNN Lease

    531 S Rangeline Rd, Carmel, IN 46032

    Contact for pricing
    6,600‑square‑foot freestanding auto shop occupied by Tires Plus
    Corporate‑backed absolute NNN lease with more than six years remaining
    Four option periods include 10 percent rent increases at the beginning of each period
    Bridgestone Retail Operations, LLC provides the corporate guarantee
    Concrete‑block construction with concrete slab and concrete bearing walls
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Heated Automotive Garage With Mezzanine
    Heated Automotive Garage With Mezzanine

    17745 Motor District Cir Unit 20, Westfield, IN 46074

    $600,000
    2,400 sqft

    End-unit configuration combines vehicle storage, workshop space, bathrooms, and an upper-level kitchen and workspace.

    View details
    Heated Flex Space With Mezzanine
    Heated Flex Space With Mezzanine

    17745 Motor District Circle, Westfield, IN 46074

    $600,000

    Open industrial space includes a kitchen, two bathrooms, and adaptable areas for vehicle storage, work, or private display.

    View details
    Wawa Absolute NNN Property
    Wawa Absolute NNN Property

    5520 W 86th St, Indianapolis, IN 46268

    Contact for pricing
    5,919 sqft

    Wawa occupies the site under a long-term absolute NNN ground lease with no landlord responsibilities.

    View details
    NNN Auto Service Building
    NNN Auto Service Building

    8579 N Michigan Rd, Indianapolis, IN 46268

    Contact for pricing

    NNN car and tire auto service property available for purchase at 8579 N Michigan Rd in Indianapolis.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B-2 Commercial Land Parcel
    B-2 Commercial Land Parcel

    Weston Pointe Drive, Carmel, IN 46032

    $649,900
    1.00 AC lot

    One-acre commercial site with shared parking and approved office, restaurant, daycare, and service uses.

    View details
    Planned Business Commercial Land
    Planned Business Commercial Land

    4844 Conner Street, Noblesville, IN 46060

    $1,799,000
    2.20 AC lot

    PB-zoned parcel positioned along the SR 38 and SR 32 corridor.

    View details
    Commercial Land for Convenience Retail
    Commercial Land for Convenience Retail

    2996 N US 421, Whitestown, IN 46075

    $725,000
    3.19 AC lot

    LB-zoned commercial parcel at the intersection of US Highway 421 and East 300 North.

    View details
    Cleared Commercial Land
    Cleared Commercial Land

    134 W 30th Street, Indianapolis, IN 46208

    $299,500
    0.08 AC lot

    C3/D5-zoned parcel with utilities, state road frontage, and completed environmental clearance.

    View details

    Off-Market Properties in Carmel, IN

    Consider similar Off-Market properties in Carmel, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    9835 Michigan Rd
    AUTO REPAIR, GARAGE

    9835 Michigan Rd, Carmel, IN 46032-7925

    $700,000
    Estimated value
    2,077 sqft 0.98 AC lot
    View details
    Bauer W Dr
    PARKING LOT

    Bauer W Dr, Carmel, IN 46280

    $640,000
    Estimated value
    2.06 AC lot
    View details
    1215 Veterans Way
    PARKING GARAGE, PARKING STRUCTURE

    1215 Veterans Way, Carmel, IN 46032-3361

    $1,075,000
    Estimated value
    178,830 sqft 5.97 AC lot
    View details
    431 Carmel Dr
    AUTO REPAIR, GARAGE

    431 Carmel Dr, Carmel, IN 46032-2529

    $2,465,000
    Estimated value
    7,930 sqft 0.88 AC lot
    View details
    904 Main St
    AUTO REPAIR, GARAGE

    904 Main St, Carmel, IN 46032-1432

    $2,090,000
    Estimated value
    6,968 sqft 0.90 AC lot
    View details
    9750 Gray Rd
    AUTO REPAIR, GARAGE

    9750 Gray Rd, Carmel, IN 46280-2948

    $29,780,000
    Estimated value
    55,313 sqft 17.78 AC lot
    View details
    1020 3rd SW Ave
    AUTO REPAIR, GARAGE

    1020 3rd SW Ave, Carmel, IN 46032-2524

    $855,000
    Estimated value
    4,680 sqft 1.50 AC lot
    View details
    434 Rangeline Rd
    AUTO REPAIR, GARAGE

    434 Rangeline Rd, Carmel, IN 46032-2139

    $560,000
    Estimated value
    8,069 sqft 1.00 AC lot
    View details
    635 Carmel Dr
    AUTO REPAIR, GARAGE

    635 Carmel Dr, Carmel, IN 46032-2569

    $1,560,000
    Estimated value
    19,764 sqft 1.56 AC lot
    View details
    10591 College Ave
    AUTO REPAIR, GARAGE

    10591 College Ave, Carmel, IN 46280-1438

    $385,000
    Estimated value
    1,204 sqft 0.54 AC lot
    View details
    301 Carmel Dr
    PARKING LOT

    301 Carmel Dr, Carmel, IN 46032-2888

    $305,000
    Estimated value
    0.25 AC lot
    View details
    9799 Michigan Rd
    AUTO REPAIR, GARAGE

    9799 Michigan Rd, Carmel, IN 46032-8884

    $600,000
    Estimated value
    1,458 sqft 0.66 AC lot
    View details
    740 106th St
    AUTO REPAIR, GARAGE

    740 106th St, Carmel, IN 46280-1420

    $300,000
    Estimated value
    3,840 sqft 0.12 AC lot
    View details
    1335 Guilford Rd
    PARKING GARAGE, PARKING STRUCTURE

    1335 Guilford Rd, Carmel, IN 46032-2999

    $840,000
    Estimated value
    337,250 sqft 18.54 AC lot
    View details
    931 Rangeline Rd
    AUTO REPAIR, GARAGE

    931 Rangeline Rd, Carmel, IN 46032-1313

    $1,065,000
    Estimated value
    30,454 sqft 3.52 AC lot
    View details
    969 Rangeline Rd
    AUTO REPAIR, GARAGE

    969 Rangeline Rd, Carmel, IN 46032-1361

    $570,000
    Estimated value
    9,000 sqft 1.95 AC lot
    View details
    15164 Thatcher Ln
    PARKING LOT

    15164 Thatcher Ln, Carmel, IN 46032

    $415,000
    Estimated value
    0.62 AC lot
    View details
    15129 Thatcher Ln
    AUTO REPAIR, GARAGE

    15129 Thatcher Ln, Carmel, IN 46033-8411

    $560,000
    Estimated value
    3,540 sqft 0.63 AC lot
    View details
    1021 Rangeline Rd
    PARKING LOT

    1021 Rangeline Rd, Carmel, IN 46032-2543

    $350,000
    Estimated value
    2,018 sqft 0.46 AC lot
    View details
    3rd SW Ave
    PARKING GARAGE, PARKING STRUCTURE

    3rd SW Ave, Carmel, IN 46032

    $395,000
    Estimated value
    43,920 sqft 0.61 AC lot
    View details
    Veterans Way
    PARKING GARAGE, PARKING STRUCTURE

    Veterans Way, Carmel, IN 46032

    $470,000
    Estimated value
    158,492 sqft 0.78 AC lot
    View details
    10550 Jessup Blvd
    AUTO REPAIR, GARAGE

    10550 Jessup Blvd, Carmel, IN 46280-1451

    $125,000
    Estimated value
    3,600 sqft 0.27 AC lot
    View details
    377 Carmel Dr
    AUTO REPAIR, GARAGE

    377 Carmel Dr, Carmel, IN 46032-2563

    $370,000
    Estimated value
    3,712 sqft 0.42 AC lot
    View details

    Carmel, IN Automotive Properties Market Trends and Statistics

    Explore 72 automotive properties for sale in Carmel, IN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 2

    Demographics Overview

    Population 145K
    Population Growth (5Y) +1.7%
    Median Household Income $128,931
    College Educated 82.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.96%
    Property Tax per SF $24.58 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hamilton County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Carmel fall within the 2,500 to 5,000 square foot range.

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