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    1032 Range Line Rd Carmel, IN 46032

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Land: Retail, QSR, Office Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.42-acre commercial land parcel is located at 1032 N Rangeline Rd in Carmel, Indiana, zip code 46032, within Hamilton County. The property is zoned TBD and presents a unique opportunity for various commercial developments. Its prime location offers excellent visibility and accessibility. The permitted uses are broad, allowing for retail establishments, quick-service restaurants (QSRs), office spaces, or even a small multi-story apartment building. However, it's important to note that gas stations and convenience stores are restricted on this site. This makes it ideal for businesses seeking a high-traffic location without direct competition from these types of establishments. The property's size and versatility make it an attractive investment for developers and entrepreneurs looking to establish a presence in the thriving Carmel market. Serious inquiries are encouraged to explore the possibilities and potential of this exceptional commercial land offering. Further details regarding zoning and development possibilities are available upon request. The latitude and longitude coordinates are 39.99153207, -86.12730615 respectively.

    Property Features for 1032 Range Line Rd

    General Information

    Property type
    Land
    Lot Size
    18,295 SF

    HighLights

    • Gas station and convenience store uses restricted.
    • Prime commercial land available for sale or lease.
    • Suitable for retail, quick‑service restaurant (QSR), office, or small multi‑story apartment development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.12730615
    Latitude
    39.99153207

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land: Retail, QSR, Office Potential
    Where is this land located?
    The property is located at 1032 Range Line Rd Carmel, IN.
    What are key features of this property?
    This property features: Gas station and convenience store uses restricted.; Prime commercial land available for sale or lease.; Suitable for retail, quick-service restaurant (QSR), office, or small multi-story apartment development.
    Request Owner's contact information
    1032 Range Line Rd Carmel, IN 46032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1032 Range Line Rd Carmel, IN 46032
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