Carmel, IN Land for Sale

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11 properties

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Updated: Feb 23

Residential Build Lot with Existing Home

912 W Auman Drive, Carmel, IN 46032

$435,000

0.32 AC lot

Build‑ready lot in Auman Subdivision in downtown Carmel, 75' x 183' (.32 acre).
Public water and public sewer available.
Steps from Gramercy and Marketplace, a new $300 million multiphase mixed‑use development.
Existing 3BR/1BA home is habitable (not updated) and built on a slab; 960 sq ft.
Home includes an attached 1‑car garage plus a detached 3‑car garage.

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Updated: May 15

Carmel Residential Lot Opportunity

10307 Orchard Park Drive S, Carmel, IN 46280

$159,900

0.53 AC lot

Large 0.53‑acre residential lot in Carmel.
No HOA fees.
Opportunity to build a custom home.
Located in a sought‑after community.
Recommended builder to construct a 2,500‑3,200 sq ft home for under $300,000.

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Residential Lot on Crooked Stick

10837 Thunderbird Drive, Carmel, IN 46032

$1,000,000

0.77 AC lot

Residential lot available on Crooked Stick Golf Course.

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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.

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Zoned B-2 Commercial Infill Lot

Weston Pointe Drive, Carmel, IN 46032

$799,900

1.00 AC lot

Commercial lot zoned B-2 with shared parking agreement providing up to 90+ spaces.

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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.

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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.

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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.

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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.

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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.

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Prime Commercial Land Available

1032 N Rangeline Rd, Carmel, IN 46032

Contact for pricing

Commercial land for sale or rent suitable for retail.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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 on Meridian Street

9240 N Meridian, Indianapolis, IN 46260

$590,000

1.35 AC lot

Pad-ready 1.35-acre commercial land for sale.

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Land Parcel for Office or Medical

9302 N Meridian St, Indianapolis, IN 46260

$630,000

Commercial land suited for office or medical use near a signalized intersection.

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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.

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Development Parcel on 146th Street

5010 E 146th St, Noblesville, IN 46062

Contact for pricing

48.34 AC lot

Rare 48.34-acre development opportunity in Hamilton County.

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.

VACANT COMMERCIAL LAND

41 Rangeline Rd, Carmel, IN 46032-2461

$1,385,000

Estimated value

12,680 sqft 0.27 AC lot

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VACANT COMMERCIAL LAND

1527 146th St, Carmel, IN 46074-9610

Value Estimation by Request

2.61 AC lot

View details

VACANT COMMERCIAL LAND

12164 Meridian St, Carmel, IN 46032-4578

$4,125,000

Estimated value

20,280 sqft 1.13 AC lot

View details

VACANT COMMERCIAL LAND

270 Merchants Sq Dr, Carmel, IN 46032-2981

Value Estimation by Request

0.01 AC lot

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VACANT COMMERCIAL LAND

270 Merchants Sq Dr, Carmel, IN 46032-2981

$1,035,000

Estimated value

0.09 AC lot

View details

VACANT COMMERCIAL LAND

Kinzer Ave, Carmel, IN 46032

Value Estimation by Request

4.80 AC lot

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VACANT COMMERCIAL LAND

Kinzer Ave, Carmel, IN 46032

Value Estimation by Request

3.71 AC lot

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VACANT COMMERCIAL LAND

10445 College Ave, Carmel, IN 46280-1436

Value Estimation by Request

0.06 AC lot

View details

VACANT COMMERCIAL LAND

10206 Michigan Rd, Carmel, IN 46032-7947

$915,000

Estimated value

7,590 sqft 0.80 AC lot

View details

VACANT COMMERCIAL LAND

Petigru Dr, Carmel, IN 46032

Value Estimation by Request

4.98 AC lot

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VACANT COMMERCIAL LAND

Pointe Pkwy, Carmel, IN 46032

Value Estimation by Request

0.23 AC lot

View details

VACANT COMMERCIAL LAND

13111 Old Meridian St, Carmel, IN 46032-2425

$1,650,000

Estimated value

3,094 sqft 1.61 AC lot

View details

VACANT COMMERCIAL LAND

Carmel Dr, Carmel, IN 46032

Value Estimation by Request

0.55 AC lot

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Carmel, IN Land Market Trends and Statistics

Explore 72 land for sale in Carmel, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 1,610,849 square feet of properties for sale, with an estimated market value of $36,867,800.

Sale prices for lots in Carmel, IN start at $159,900, averaging $4,608,475, 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
Indianapolis	$199K
Carmel	$5.4M

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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Carmel, IN Land for Sale

912 W Auman Drive, Carmel, IN 46032

10307 Orchard Park Drive S, Carmel, IN 46280

10837 Thunderbird Drive, Carmel, IN 46032

12800 N Old Meridian St, Carmel, IN

Weston Pointe Drive, Carmel, IN 46032

11405 Spring Mill Rd, Carmel, IN 46032

Highpointe Blvd, Carmel, IN

105 W Carmel Dr, Carmel, IN 46032

1037 S Rangeline Rd, Carmel, IN 46032

15206 Westfield Blvd, Carmel, IN 46032

1032 N Rangeline Rd, Carmel, IN 46032

Opportunities in Nearby Cities

9240 N Meridian, Indianapolis, IN 46260

9302 N Meridian St, Indianapolis, IN 46260

E 146th St, Noblesville, IN

5010 E 146th St, Noblesville, IN 46062

Off-Market Properties in Carmel, IN

41 Rangeline Rd, Carmel, IN 46032-2461

1527 146th St, Carmel, IN 46074-9610

12164 Meridian St, Carmel, IN 46032-4578

270 Merchants Sq Dr, Carmel, IN 46032-2981

270 Merchants Sq Dr, Carmel, IN 46032-2981

Kinzer Ave, Carmel, IN 46032

Kinzer Ave, Carmel, IN 46032

10445 College Ave, Carmel, IN 46280-1436

10206 Michigan Rd, Carmel, IN 46032-7947

Petigru Dr, Carmel, IN 46032

Pointe Pkwy, Carmel, IN 46032

13111 Old Meridian St, Carmel, IN 46032-2425

Carmel Dr, Carmel, IN 46032

Carmel, IN Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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