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Urban Core Commercial Land
New
For Sale
$985,000

12779 N Old Meridian Street, Carmel, IN 46032

COMMERCIAL, Carmel, IN

Property SizeContact for details
Lot Size0.54 Acres
Days on Market4

Property Features for 12779 N Old Meridian Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description R
Rooms Basement
Parking features Offsite, Garage
Directions GPS Friendly
Subdivision Hamilton County
Standard status Active
APN 29-09-26-402-013.000-018
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2600
Tax Description Acreage .00, Section 26, Township 18, Range 3, R A Franke, Lot 9, Irregular Shape
Tax Annual Amount 2800
Legal Description Acreage .00, Section 26, Township 18, Range 3, R A Franke, Lot 9, Irregular Shape

Utilities

Cooling system Central Air

Building Details

Year built 1967
Flooring type Finished, Vinyl, Wood
Roof type Asphalt
Listing Agency: Century 21 Scheetz - Carmel · Century 21 Real Estate
Listed By: Mark Harris · License #RB14045088
Added: Sep 17 Changed: Sep 18 Last Checked: Sep 20 at 6:06PM
MLS# 202638537

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.54-acre commercial land parcel at 12779 N Old Meridian Street is zoned Urban Core (UC) and includes a former three-bedroom residential structure. Built in 1967, the building has a basement, central air, an asphalt roof, and finished, vinyl, and wood flooring. Parking features include a garage and offsite parking.

The property is located in Carmel, Indiana, within Hamilton County. Its existing improvements and commercial zoning provide a basis for office, medical, professional services, or other commercial uses, subject to zoning requirements and approvals.

Key Highlights

  • 0.54‑acre commercial land parcel
  • Urban Core (UC) zoning
  • Former three‑bedroom residential structure

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Garden Center Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,711
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Urban Core-zoned parcel with a former residential structure, subject to applicable approvals.
Where is this commercial land located?
The property is located at 12779 N Old Meridian Street Carmel, IN.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 0.54‑acre commercial land parcel; Urban Core (UC) zoning; Former three‑bedroom residential structure
More about this property
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