Listing Agency: Thomas K. Megenhardt Commercial Real Estate

Listed By: Andrejs Kregers · License #IN

Source: Crexi

Added: Jun 11, 2024 Changed: Oct 3 Last Checked: Oct 23 at 7:17AM

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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 Thomas K. Megenhardt Commercial Real Estate

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Investment Insights

Based on property information with market context.

This Carmel development site offers 1.27 acres zoned S-1, making it suitable for a clinic or medical office. The property is located approximately 500 feet from the intersection of 96th Street and Michigan Road. There is a possibility to combine this site with the adjacent property at 3838 W. 96th Street, which is zoned Carmel B-7, creating a total of 2.05 acres.

Key Highlights

• 1.27 acre development site zoned S‑1.
• Ideal for clinic or medical office.
• Approximately 500 feet from 96th and Michigan Road intersection.

Property Analytics

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Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Bakery

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

811

Businesses Nearby

Explore this area Business Placement

Demographics for 46268, IN

26,353

Population

11,904

Households

2.2

Avg Household Size

38

Median Age

40%

College-Educated

91%

High-School Grad

12.7 sq mi

ZIP Area

2,075

Density / Sq Mi

$63,322

Median Household Income

$41,596

Median Earnings

$1,171

Median Rent

$208,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 1.27 acre development site zoned for clinic or medical office.

Where is this commercial land located?

The property is located at 3916 W 96th St Indianapolis, IN.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 1.27 acre development site zoned S‑1.; Ideal for clinic or medical office.; Approximately 500 feet from 96th and Michigan Road intersection.