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    1021 Range Line Rd Carmel, IN 46032

    For Lease
    Contact for pricing

    Prime Carmel location, redevelopment opportunity.

    Lot size:
    137,345 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.5-acre commercial land parcel, totaling 137,345 square feet, presents a unique redevelopment opportunity in the heart of Carmel, Indiana. Located at 1001 & 1021 S. Rangeline Rd, this single-tenancy property offers unparalleled access to key city amenities and high visibility. The site boasts a prime location directly across from the expanded police station and courthouse, Civic Square Parking Garage, City Center, Japanese Garden, Monon Trail, Farmer's Market, and the Palladium. This central location places your development at the epicenter of Carmel's vibrant community life, ensuring high foot traffic and exposure to a diverse population. The property is zoned for commercial use and is ideal for a variety of projects, including new headquarters, mixed-use developments, or retail spaces. Its proximity to major civic buildings, green spaces, and entertainment venues makes it an attractive location for businesses and residents alike. The 46032 zip code ensures easy access to a strong workforce and established infrastructure. This is a rare opportunity to acquire a significant land parcel in one of Indiana's most desirable and rapidly growing cities. The property's size and location offer exceptional potential for a high-impact development. Contact us today to learn more about this exceptional redevelopment opportunity.

    Property Features for 1021 Range Line Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    137,345 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    137,345 SF

    HighLights

    • 1.5‑acre corner lot with high visibility and excellent access.
    • Elevated site offering stunning views.
    • Adjacent to a pedestrian multi‑use path and raised crosswalk.
    • Suitable for office, medical, residential, or mixed‑use development.
    • Tax Increment Financing (TIF) potential.
    • Prime Carmel location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pro Boom Lift ... Construction Machine Rental Service

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1263365
    Latitude
    39.9658746

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    FAQs

    What type of property is this?
    Land - Prime Carmel location, redevelopment opportunity.
    Where is this land located?
    The property is located at 1021 Range Line Rd Carmel, IN.
    What are key features of this property?
    This property features: 1.5-acre corner lot with high visibility and excellent access.; Elevated site offering stunning views.; Adjacent to a pedestrian multi-use path and raised crosswalk.
    Request Owner's contact information
    1021 Range Line Rd Carmel, IN 46032
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    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
    1021 Range Line Rd Carmel, IN 46032
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