Carmel, IN Land for Sale

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$435,000

0.32 Acres

Carmel Residential Lots For Sale

912 W Auman Drive, Carmel, IN 46032

Residential lots in downtown Carmel redevelopment area, close to amenities.

New build lot in downtown Carmel's hottest redevelopment area (Auman Subdivision).
Walking/biking distance to restaurants, shopping, community events in downtown Carmel.
Close proximity to the new $300 million Gramercy and Marketplace mixed‑use development.
Large lot size: 75' x 183' (.32 acre) suitable for a sizable home and backyard living space.
Buyer can choose their own builder.

Updated: Feb 23

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$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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$1,000,000

0.77 Acres

Residential Lot on Crooked Stick

Residential lot available on Crooked Stick Golf Course.

10837 Thunderbird Drive, Carmel, IN 46032

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$199,000

0.53 Acres

Carmel Residential Lot Opportunity

0.53-acre residential lot in Carmel, build your dream home!

10307 Orchard Park Drive S, Carmel, IN 46280

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$1,495,000

0.20 Acres

Carmel Arts District Corner Lot

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

41 1st Avenue SW, Carmel, IN 46032

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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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$510,000

1.00 Acre

Carmel Residential Lot Ready to Build

One-acre residential lot in Carmel's Asherwood luxury estate community.

1434 N Asherwood Lane, Carmel, IN 46032

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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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$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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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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$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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$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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$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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$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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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 77 Potential Opportunities for your consideration. Besides 16 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 1 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.

$590,000

1.35 Acres

Prime Land on Meridian Street

Pad-ready 1.35-acre commercial land for sale.

9240 N Meridian, Indianapolis, IN 46260

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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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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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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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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.

$499,000

68.30 Acres

68 Acres Tillable Land For Sale

68 acres of tillable land suitable for multiple uses.

Saint Johns, MI 48879

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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.

VACANT COMMERCIAL LAND

12,680 SF Lot: 0.27 Acres

Estimated value

$1,385,000

41 Rangeline Rd, Carmel, IN 46032-2461

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VACANT COMMERCIAL LAND

Lot: 2.61 Acres

Value Estimation by Request

1527 146th St, Carmel, IN 46074-9610

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VACANT COMMERCIAL LAND

20,280 SF Lot: 1.13 Acres

Estimated value

$4,125,000

12164 Meridian St, Carmel, IN 46032-4578

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VACANT COMMERCIAL LAND

Lot: 0.01 Acres

Value Estimation by Request

270 Merchants Sq Dr, Carmel, IN 46032-2981

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VACANT COMMERCIAL LAND

Lot: 0.09 Acres

Estimated value

$1,035,000

270 Merchants Sq Dr, Carmel, IN 46032-2981

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VACANT COMMERCIAL LAND

Lot: 4.80 Acres

Value Estimation by Request

Kinzer Ave, Carmel, IN 46032

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VACANT COMMERCIAL LAND

Lot: 3.71 Acres

Value Estimation by Request

Kinzer Ave, Carmel, IN 46032

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VACANT COMMERCIAL LAND

Lot: 0.06 Acres

Value Estimation by Request

10445 College Ave, Carmel, IN 46280-1436

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Carmel, IN Land Investment Opportunities Market Analysis

Explore 72 land for sale in Carmel, IN, showcased through 16 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 $39,711,900.

Sale prices for lots in Carmel, IN start at $0.00, averaging $2,481,993, 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

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 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
Indianapolis	$199K
Carmel	$3.6M

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%

Listings Trend

Total CRE Area on Market Trend

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Carmel, IN Land for Sale

912 W Auman Drive, Carmel, IN 46032

0 Weston Pointe Drive, Carmel, IN 46032

10837 Thunderbird Drive, Carmel, IN 46032

10307 Orchard Park Drive S, Carmel, IN 46280

41 1st Avenue SW, Carmel, IN 46032

7249 E 146th St, Carmel, IN 46033

1434 N Asherwood Lane, Carmel, IN 46032

11405 Spring Mill Rd, Carmel, IN 46032

12800 N Old Meridian St, Carmel, IN

15206 Westfield Blvd, Carmel, IN 46032

Highpointe Blvd, Carmel, IN

3744 W 97th Street, Carmel, IN 46032

3745 W 98th Street, Carmel, IN 46032

105 W Carmel Dr, Carmel, IN 46032

1037 S Rangeline Rd, Carmel, IN 46032

15206 Westfield Blvd, Carmel, IN 46032

Opportunities in Nearby Cities

9240 N Meridian, Indianapolis, IN 46260

E 146th St, Noblesville, IN

96th St, Indianapolis, IN

Promise Rd & E 146th St, Noblesville, IN

Potential Development Sites for Consideration

Saint Johns, MI 48879

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

Carmel, IN Land Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Area on Market Trend

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