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    Carmel, IN
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    Carmel, IN Commercial Land for Sale

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    Land, Carmel, IN
    Updated: Aug 27
    Land, Carmel, IN

    12779 Old Meridian Street, Carmel, IN 46032

    $985,000
    0.54 AC lot
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    B-2 Commercial Land Parcel
    Updated: Nov 14, 2025
    B-2 Commercial Land Parcel

    Weston Pointe Drive, Carmel, IN 46032

    $649,900
    1.00 AC lot
    1‑acre commercial land parcel zoned B‑2
    Approved uses include office/medical, restaurants without drive‑thru, daycare, light industrial/flex, auto service, and financial institutions
    Shared parking agreement provides up to 90+ parking spaces
    Access to Michigan Road, 106th Street, and I‑465
    Located within the Weston Pointe Shopping area
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    Multi-Parcel Redevelopment Land Site
    Multi-Parcel Redevelopment Land Site

    1001-1039 S Rangeline Rd, Carmel, IN 46032

    Contact for pricing
    3.15 AC lot

    Five parcels totaling 3.15± acres with prominent visibility, access, and nearby public parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office-Zoned Commercial Land
    Office-Zoned Commercial Land

    9998 North Michigan Road, Carmel, IN 46032

    Contact for pricing
    24,670 sqft

    Commercial land designated for office use with retail surroundings and multifamily development nearby.

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    Commercial Land with Dual Access
    Commercial Land with Dual Access

    15206 Westfield Blvd, Carmel, IN 46032

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    1.53 AC lot

    Commercial land offering frontage on US 31 with access from 156th Street and Westfield Blvd.

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    Commercial Land with Major Road Frontage
    Commercial Land with Major Road Frontage

    15206 Westfield Blvd, Carmel, IN 46032

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    9.87 AC lot

    Large commercial land parcel with frontage on US 31 and multiple access points off Westfield-area roads.

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    Medical & Commercial Development Land
    Medical & Commercial Development Land

    11405 Spring Mill Rd, Carmel, IN 46032

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    2.04 AC lot

    2.04 acre pad ready site in Bridges Medical Campus.

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    Carmel Land For Sale
    Carmel Land For Sale

    12800 N Old Meridian St, Carmel, IN

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    1.78 AC lot

    Approximately 1.78 acres of land zoned UC.

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    Flat Clear Commercial Development Land
    Flat Clear Commercial Development Land

    1032 N Rangeline Rd, Carmel, IN 46032

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    0.42 AC lot

    Zoned for commercial use with water, sewer, and electricity on a flat, cleared site ready for construction.

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    Retail Development Land
    Retail Development Land

    7015 E 146th St, Carmel, IN 46033

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    2.70 AC lot

    A 2.7± acre site available for retail outlets in Carmel, Indiana.

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    Carmel Land Parcel on US 31
    Carmel Land Parcel on US 31

    Highpointe Blvd, Carmel, IN

    Contact for pricing
    5.42 AC lot

    Land parcel approved for a 60,000 SF building.

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    Commercial Land at Signalized Intersection
    Commercial Land at Signalized Intersection

    9884 N Michigan Rd, Carmel, IN 46032

    Contact for pricing

    B-2 and I-2 zoning supports commercial and industrial development at a prominent Michigan Road intersection.

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    Prime Downtown Carmel Development Opportunity
    Prime Downtown Carmel Development Opportunity

    105 W Carmel Dr, Carmel, IN 46032

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    3.60 AC lot

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

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    Commercial Land Outparcel
    Commercial Land Outparcel

    9873 N Michigan Rd, Carmel, IN 46032

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    Commercial land positioned within a large power-center retail setting.

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    Redevelopment Site in Prime Location
    Redevelopment Site in Prime Location

    1037 S Rangeline Rd, Carmel, IN 46032

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

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    Land Adjacent to US 31
    Land Adjacent to US 31

    15206 Westfield Blvd, Carmel, IN 46032

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    21.52 AC lot

    21.52 acres near US 31 in Westfield/Carmel.

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    Prime Commercial Land Available
    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 Potential Opportunities for your consideration. Besides 17 Active Listings in Carmel, IN, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

    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
    VACANT COMMERCIAL LAND

    41 Rangeline Rd, Carmel, IN 46032-2461

    $1,385,000
    Estimated value
    12,680 sqft 0.27 AC lot
    View details
    1527 146th St
    VACANT COMMERCIAL LAND

    1527 146th St, Carmel, IN 46074-9610

    $290,000
    Estimated value
    2.61 AC lot
    View details
    12164 Meridian St
    VACANT COMMERCIAL LAND

    12164 Meridian St, Carmel, IN 46032-4578

    $4,125,000
    Estimated value
    20,280 sqft 1.13 AC lot
    View details
    270 Merchants Sq Dr
    VACANT COMMERCIAL LAND

    270 Merchants Sq Dr, Carmel, IN 46032-2981

    $320,000
    Estimated value
    0.01 AC lot
    View details
    270 Merchants Sq Dr
    VACANT COMMERCIAL LAND

    270 Merchants Sq Dr, Carmel, IN 46032-2981

    $1,035,000
    Estimated value
    0.09 AC lot
    View details
    Kinzer Ave
    VACANT COMMERCIAL LAND

    Kinzer Ave, Carmel, IN 46032

    $325,000
    Estimated value
    4.80 AC lot
    View details
    Kinzer Ave
    VACANT COMMERCIAL LAND

    Kinzer Ave, Carmel, IN 46032

    $240,000
    Estimated value
    3.71 AC lot
    View details

    Carmel, IN Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Carmel, IN, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 2,358,179 square feet of properties for sale, with an estimated market value of $1,634,900.

    Sale prices for commercial lots in Carmel, IN start at $649,900, averaging $817,450, and reaching up to $985,000 — 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

    Commercial land 20
    Residential land & home lots 9
    Waterfront Land 1

    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
    46032 $799.9K

    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

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Carmel, IN

    • 46032
    • 46033

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