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Carmel Land For Lease
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11505 Illinois Street, Carmel, IN 46032

Land available for lease in Carmel, Indiana.

Space SizeContact for details
Property Size121,583 SF
Days on Market334

Property Features for 11505 Illinois Street

General Information

Standard status Active
Size 121,583 SF
Property subtype Retail

Building Details

Building Size 121,583 SF
Year Built 2015
Listing Agency: InStore Commercial Real Estate
Listed By: Kevin Marschall · License #471022479
Source: Commercialcafe
Added: Nov 25, 2025 Changed: Oct 15 Last Checked: Oct 24 at 2:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InStore Commercial Real Estate

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Investment Insights

Based on property information with market context.

The property is located in an area with a population of 64,285. The average home value is $388,346, and the median household income is $89,138. There are 28,289 households in the area, with a median age of 41. The average daily traffic count on US Route 31 is 81,257, and on 116th Street, it is 14,213.

Key Highlights

  • High Traffic Volume: 81,257 ADT on US Route 31 means significant visibility.
  • Strong Household Income: $89,138 median income suggests a desirable demographic.
  • Substantial Population: 64,285 population provides a sizable customer base.

Property Analytics

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Suggested Use

Top Pick Storage Facility Garden Center Furniture & Home Goods Parking Lot & Garage Grocery & Convenience Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,704
Businesses Nearby

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Land - Land available for lease in Carmel, Indiana.
Where is this land located?
The property is located at 11505 Illinois Street Carmel, IN.
What are key features of this property?
This property features: High Traffic Volume: 81,257 ADT on US Route 31 means significant visibility.; Strong Household Income: $89,138 median income suggests a desirable demographic.; Substantial Population: 64,285 population provides a sizable customer base.
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