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Carmel, IN

Commercial

Carmel, IN Commercial Land for Sale

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Indianapolis, IN Westfield, IN Zionsville, IN

9 properties

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Zoned B-2 Commercial Infill Lot

Updated: Nov 14, 2025

Zoned B-2 Commercial Infill Lot

Weston Pointe Drive, Carmel, IN 46032

$799,900

1.00 AC lot

Commercial lot in the Weston Pointe Shopping area in West Carmel, near Zionsville
Zoned B‑2 with approved uses including office/medical, restaurants (no drive‑thru), daycare, light industrial/flex, auto service, and financial institutions
Shared parking agreement with Weston Pointe Association provides up to 90+ parking spaces
High‑traffic location with immediate access to Michigan Road, 106th Street, and I‑465
Infill lot surrounded by national and regional co‑tenants including Stone Creek Dining, Woodhouse Day Spa, HotBox Pizza, Huntington Bank, Firestone Tires, and Geymen Dentistry

Carmel Retail Outlots on 146th

Updated: Mar 7

Carmel Retail Outlots on 146th

7249 E 146th St, Carmel, IN 46033

Contact for pricing

2.70 AC lot

2.7± acres available for retail outlots in a 350‑unit development.
High average household income of $148,321 within a 1‑mile radius.
High traffic volume of 25,750 vehicles per day along 146th Street.
Signalized intersection at Community Drive & 146th Street provides easy access.
Located in LEO at Carmel, a development designed with walkability in mind.

Carmel Land For Sale

Carmel Land For Sale

12800 N Old Meridian St, Carmel, IN

$1,050,000

1.78 AC lot

Approximately 1.78 acres of land zoned UC.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Land Adjacent to US 31

Land Adjacent to US 31

15206 Westfield Blvd, Carmel, IN 46032

Contact for pricing

24 sqft

21.52 acres of land with frontage on US 31.

Carmel Land Parcel on US 31

Carmel Land Parcel on US 31

Highpointe Blvd, Carmel, IN

$3,523,000

5.42 AC lot

Land parcel approved for a 60,000 SF building.

Medical & Commercial Development Land

Medical & Commercial Development Land

11405 Spring Mill Rd, Carmel, IN 46032

Contact for pricing

2.04 AC lot

2.04 acre pad ready site in Bridges Medical Campus.

Redevelopment Site in Prime Location

Redevelopment Site in Prime Location

1037 S Rangeline Rd, Carmel, IN 46032

$15,900,000

Premier redevelopment site suitable for headquarters or mixed-use project.

Prime Downtown Carmel Development Opportunity

Prime Downtown Carmel Development Opportunity

105 W Carmel Dr, Carmel, IN 46032

$14,000,000

3.60 AC lot

3.6-acre lot in the heart of Carmel, Indiana.

Land Adjacent to US 31

Land Adjacent to US 31

15206 Westfield Blvd, Carmel, IN 46032

Contact for pricing

21.52 AC lot

21.52 acres near US 31 in Westfield/Carmel.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Prime Land Near New Costco

Prime Land Near New Costco

E 146th St, Noblesville, IN

Contact for pricing

1.06 AC lot

1.06-acre commercial land with high traffic exposure.

Land Available for Development

Land Available for Development

96th St, Indianapolis, IN

Contact for pricing

143.00 AC lot

52 to 143 acres available for build-to-suit opportunities.

Land Parcels in Noblesville, Indiana

Land Parcels in Noblesville, Indiana

Promise Rd & E 146th St, Noblesville, IN

Contact for pricing

4.91 AC lot

Land available for lease, purchase, or build-to-suit development.

Land in 96th Street Corridor

Land in 96th Street Corridor

2850 E 96th St, Indianapolis, IN 46240

$1,650,000

Commercial land available in the new 96th St corridor.

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.

41 Rangeline Rd

VACANT COMMERCIAL LAND

41 Rangeline Rd, Carmel, IN 46032-2461

$1,385,000

Estimated value

12,680 sqft · 0.27 AC lot

VACANT COMMERCIAL LAND

1527 146th St, Carmel, IN 46074-9610

Value Estimation by Request

2.61 AC lot

12164 Meridian St

VACANT COMMERCIAL LAND

12164 Meridian St, Carmel, IN 46032-4578

$4,125,000

Estimated value

20,280 sqft · 1.13 AC lot

270 Merchants Sq Dr

VACANT COMMERCIAL LAND

270 Merchants Sq Dr, Carmel, IN 46032-2981

Value Estimation by Request

0.01 AC lot

270 Merchants Sq Dr

VACANT COMMERCIAL LAND

270 Merchants Sq Dr, Carmel, IN 46032-2981

$1,035,000

Estimated value

0.09 AC lot

VACANT COMMERCIAL LAND

Kinzer Ave, Carmel, IN 46032

Value Estimation by Request

4.80 AC lot

VACANT COMMERCIAL LAND

Kinzer Ave, Carmel, IN 46032

Value Estimation by Request

3.71 AC lot

10445 College Ave

VACANT COMMERCIAL LAND

10445 College Ave, Carmel, IN 46280-1436

Value Estimation by Request

0.06 AC lot

10206 Michigan Rd

VACANT COMMERCIAL LAND

10206 Michigan Rd, Carmel, IN 46032-7947

$915,000

Estimated value

7,590 sqft · 0.80 AC lot

VACANT COMMERCIAL LAND

Petigru Dr, Carmel, IN 46032

Value Estimation by Request

4.98 AC lot

VACANT COMMERCIAL LAND

Pointe Pkwy, Carmel, IN 46032

Value Estimation by Request

0.23 AC lot

13111 Old Meridian St

VACANT COMMERCIAL LAND

13111 Old Meridian St, Carmel, IN 46032-2425

$1,650,000

Estimated value

3,094 sqft · 1.61 AC lot

VACANT COMMERCIAL LAND

Carmel Dr, Carmel, IN 46032

Value Estimation by Request

0.55 AC lot

41 Rangeline Rd

VACANT COMMERCIAL LAND

41 Rangeline Rd, Carmel, IN 46032-2461

Value Estimation by Request

0.27 AC lot

VACANT COMMERCIAL LAND

10 Main St, Carmel, IN 46032-1739

Value Estimation by Request

0.12 AC lot

Carmel, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Carmel, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 24 square feet of properties for sale, with an estimated market value of $35,272,900.

Sale prices for commercial lots in Carmel, IN start at $0.00, averaging $3,919,211, and reaching up to $15,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 145K

Population Growth (5Y) +1.7%

Median Household Income $128,931

College Educated 82.0%

High-Yield Neighborhoods for Investment

Identify Carmel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46032	$10.2M

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

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Carmel fall within the 20 to 50 acres range.

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