Carmel, IN
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    Carmel, IN Commercial Land for Sale

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    Indianapolis, IN Westfield, IN Zionsville, IN
    12 results
    Carmel Commercial Land in Weston
    $799,900
    1.00 Acre

    Carmel Commercial Land in Weston

    0 Weston Pointe Drive, Carmel, IN 46032

    Prime commercial lot in high-growth Carmel location.

    • Prime commercial lot in Weston Pointe Shopping area, West Carmel.
    • Excellent visibility with high traffic counts and immediate access to Michigan Road, 106th Street, and I‑465.
    • Zoned B‑2 with approved uses including office/medical, restaurants, daycare, and financial institutions.
    • Shared parking agreement provides 90+ parking spaces.
    • Surrounded by strong national and regional co‑tenants.
    Updated: Nov 14, 2025
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    Carmel Arts District Corner Lot
    $1,495,000
    0.20 Acres

    Carmel Arts District Corner Lot

    41 1st Avenue SW, Carmel, IN 46032

    Prime corner lot in Carmel's Arts & Design District.

    • Prime corner lot location in Carmel's Arts & Design District.
    • C2 zoning allows for flexible development options.
    • Ideal for mixed‑use development (retail/residential).
    • Exceptional visibility and high foot traffic.
    • Walkable location surrounded by thriving businesses and amenities.
    Updated: Feb 5
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    Carmel Retail Outlots on 146th
    Contact for pricing
    2.70 Acres

    Carmel Retail Outlots on 146th

    2.7± acres available in a walkable, connected community.

    7249 E 146th St, Carmel, IN 46033
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    Land Adjacent to US 31
    Contact for pricing

    Land Adjacent to US 31

    21.52 acres of land with frontage on US 31.

    15206 Westfield Blvd, Carmel, IN 46032
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    Medical & Commercial Development Land
    Contact for pricing
    2.04 Acres

    Medical & Commercial Development Land

    2.04 acre pad ready site in Bridges Medical Campus.

    11405 Spring Mill Rd, Carmel, IN 46032
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    Carmel Land For Sale
    $1,050,000
    1.78 Acres

    Carmel Land For Sale

    Approximately 1.78 acres of land zoned UC.

    12800 N Old Meridian St, Carmel, IN
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    Carmel Land Parcel on US 31
    $3,523,000
    5.42 Acres

    Carmel Land Parcel on US 31

    Land parcel approved for a 60,000 SF building.

    Highpointe Blvd, Carmel, IN
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    Carmel Land Ready For Development
    $400,000
    0.83 Acres

    Carmel Land Ready For Development

    Carmel property designated for commercial development, sold as commercial.

    3744 W 97th Street, Carmel, IN 46032
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    Carmel, IN Vacant Commercial Lot
    $400,000
    0.81 Acres

    Carmel, IN Vacant Commercial Lot

    Vacant commercial lot available in Carmel, Indiana.

    3745 W 98th Street, Carmel, IN 46032
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    Prime Downtown Carmel Development Opportunity
    $14,000,000
    3.60 Acres

    Prime Downtown Carmel Development Opportunity

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

    105 W Carmel Dr, Carmel, IN 46032
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    Redevelopment Site in Prime Location
    $15,900,000

    Redevelopment Site in Prime Location

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

    1037 S Rangeline Rd, Carmel, IN 46032
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    Land Adjacent to US 31
    Contact for pricing
    21.52 Acres

    Land Adjacent to US 31

    21.52 acres near US 31 in Westfield/Carmel.

    15206 Westfield Blvd, Carmel, IN 46032
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    Based on your search, we've compiled 393 Potential Opportunities for your consideration. Besides 12 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 377 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.

    Carmel Land for Retail
    Contact for pricing
    2.67 Acres

    Carmel Land for Retail

    2.67 acres in Carmel, Indiana, ideal for neighborhood retail.

    2711 E 96th St, Indianapolis, IN
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    Prime Land Near New Costco
    Contact for pricing
    1.06 Acres

    Prime Land Near New Costco

    1.06-acre commercial land with high traffic exposure.

    E 146th St, Noblesville, IN
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    Land Available for Development
    Contact for pricing
    143.00 Acres

    Land Available for Development

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

    96th St, Indianapolis, IN
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    Land Parcels in Noblesville, Indiana
    Contact for pricing
    4.91 Acres

    Land Parcels in Noblesville, Indiana

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

    Promise Rd & E 146th St, Noblesville, IN
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    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

    41 Rangeline Rd

    VACANT COMMERCIAL LAND • 12,680 SF
    Value Estimation
    $1,385,000
    41 Rangeline Rd, Carmel, IN 46032-2461
    View details
    1527 146th St

    1527 146th St

    VACANT COMMERCIAL LAND • 2.61 Acres
    Value Estimation by Request
    1527 146th St, Carmel, IN 46074-9610
    View details
    12164 Meridian St

    12164 Meridian St

    VACANT COMMERCIAL LAND • 20,280 SF
    Value Estimation
    $4,125,000
    12164 Meridian St, Carmel, IN 46032-4578
    View details
    270 Merchants Sq Dr

    270 Merchants Sq Dr

    VACANT COMMERCIAL LAND • 0.01 Acres
    Value Estimation by Request
    270 Merchants Sq Dr, Carmel, IN 46032-2981
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    270 Merchants Sq Dr

    270 Merchants Sq Dr

    VACANT COMMERCIAL LAND • 0.09 Acres
    Value Estimation
    $1,035,000
    270 Merchants Sq Dr, Carmel, IN 46032-2981
    View details
    Kinzer Ave

    Kinzer Ave

    VACANT COMMERCIAL LAND • 4.80 Acres
    Value Estimation by Request
    Kinzer Ave, Carmel, IN 46032
    View details
    Kinzer Ave

    Kinzer Ave

    VACANT COMMERCIAL LAND • 3.71 Acres
    Value Estimation by Request
    Kinzer Ave, Carmel, IN 46032
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    10445 College Ave

    10445 College Ave

    VACANT COMMERCIAL LAND • 0.06 Acres
    Value Estimation by Request
    10445 College Ave, Carmel, IN 46280-1436
    View details
    10206 Michigan Rd

    10206 Michigan Rd

    VACANT COMMERCIAL LAND • 7,590 SF
    Value Estimation
    $915,000
    10206 Michigan Rd, Carmel, IN 46032-7947
    View details
    Petigru Dr

    Petigru Dr

    VACANT COMMERCIAL LAND • 4.98 Acres
    Value Estimation by Request
    Petigru Dr, Carmel, IN 46032
    View details
    Pointe Pkwy

    Pointe Pkwy

    VACANT COMMERCIAL LAND • 0.23 Acres
    Value Estimation by Request
    Pointe Pkwy, Carmel, IN 46032
    View details
    13111 Old Meridian St

    13111 Old Meridian St

    VACANT COMMERCIAL LAND • 3,094 SF
    Value Estimation
    $1,650,000
    13111 Old Meridian St, Carmel, IN 46032-2425
    View details

    Carmel, IN Commercial Land Investment Opportunities Market Analysis

    Explore 389 commercial land for sale in Carmel, IN, showcased through 12 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 $37,567,900.

    Sale prices for commercial lots in Carmel, IN start at $0.00, averaging $3,130,658, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial land 14
    Residential land & home lots 6

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    46032 $5.5M

    Taxes & Financing

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

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