Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    15206 Westfield Blvd Carmel, IN 46032

    Sponsored
    For Sale
    Contact for pricing

    21.52 Acres, US 31 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21.52-acre property boasts a prime location at the Northwest corner of US 31 and Westfield Boulevard in Carmel, Indiana, offering convenient access from both 156th Street and Westfield Boulevard. The land is zoned AG-SF1 (Agricultural/Single-Family 1), presenting versatile development opportunities. Its strategic position provides easy access to downtown Westfield via Union Street and places it within a short distance of the Monon Trail, a popular recreational asset. The property's proximity to US-31/Meridian Street, a major business corridor in the Indianapolis metro area, ensures high visibility and accessibility to a large consumer base. Nearby amenities include the vibrant retail and dining options of Village Park Plaza, Clay Terrace, and Cool Creek Commons. This significant land parcel presents a rare opportunity for investors seeking high-impact development in a thriving Carmel location. The property's size, zoning, and location combine to create a compelling investment prospect with substantial potential for future growth and return. The address is 15206 Westfield Blvd, Carmel, IN 46032, within Hamilton County. The lot size ranges from 1.53 to 21.52 acres. Ownership is held by Westtec Land Acquisition LLC.

    Property Features for 15206 Westfield Blvd

    General Information

    Property type
    Land
    Lot Size
    66,647 SF

    HighLights

    • 21.52‑acre land parcel in Carmel, Indiana, with a Carmel address.
    • Located at the Northwest corner of US 31 and Westfield Boulevard.
    • Frontage on US 31, with access from 156th Street and Westfield Boulevard.
    • Approximately 0.25 miles from the Monon Trail.
    • Zoned AG‑SF1: Agricultural/Single‑Family 1.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.129957003701
    Latitude
    40.01183090139

    Nearby Similar for Sale

    • $900,000
      5,000 SF

      Carmel Office Building For Sale

      Fully occupied office building in Carmel's business district.
      1081 3Rd Ave SW, Carmel, IN 46032
      View Details
    • $400,000
      Pending

      Carmel Office Property For Sale

      Commercial property in Carmel, Indiana, suitable for office conversion.
      3750 W 97Th St, Carmel, IN 46032
      View Details
    • Contact for pricing
      55 SF

      Carmel Office Suites Available

      Prime Carmel location with executive and private office suites available.
      9640-9650 Commerce Dr | Carmel, Carmel, IN 46032
      View Details
    • $415,000
      2,432 SF

      Carmel Townhome with Pond Views

      Move-in ready townhome with pond views, close to amenities.
      11777 Harvard Ln, Carmel, IN 46032
      View Details
    • $409,900
      2,240 SF

      East Carmel Townhome with Upgrades

      Two-year-old, 3-bedroom townhome in East Carmel's Windward at Legacy.
      6858 Equality Blvd, Carmel, IN 46033
      View Details
    • Contact for pricing
      2,397 SF

      Carmel Retail Condominiums For Sale

      Three ground floor retail condominiums available in Carmel, Indiana.
      7015 E 146Th St, Carmel, IN 46032
      View Details
    • Contact for pricing
      8,700 SF

      Carmel Drive Office/Medical Space

      Prime location with great visibility and impressive demographics.
      277 E Carmel Dr | Carmel, Carmel, IN 46032
      View Details
    • $425,000

      Carmel Condo with Prime Location

      2 bed, 2 bath condo in the heart of Carmel.
      451 American Way N, Carmel, IN 46032
      View Details
    • $1,300,000
      2,300 SF

      Upscale Live-Work Space with Garage

      Elegant live-work space with garage near Main Street.
      233 Nordyke Ave, Carmel, IN
      View Details
    • $11,000,000
      84,963 SF

      Two-Building Office Portfolio in Carmel

      Two-building office portfolio totaling ±84,963 RSF on 7.64 acres.
      11405-11495 N Pennsylvania St, Carmel, IN 46032
      View Details
    • $6,500,000
      58,158 SF

      Carmel Office Buildings For Sale

      Office buildings near I-465 & US 31 Interchange with parking.
      10291-10293 N Meridian St, Carmel, IN 46032
      View Details
    • $3,000,000
      4,800 SF

      Downtown Carmel Office/Retail Gem

      4,800 SF Class A Office & Retail Space
      30 1St St, Carmel, IN 46032
      View Details

    FAQs

    What type of property is this?
    Land - 21.52 Acres, US 31 Access
    Where is this land located?
    The property is located at 15206 Westfield Blvd Carmel, IN.
    What are key features of this property?
    This property features: 21.52-acre land parcel in Carmel, Indiana, with a Carmel address.; Located at the Northwest corner of US 31 and Westfield Boulevard.; Frontage on US 31, with access from 156th Street and Westfield Boulevard.
    (317) 775-0007
    Request Owner's contact information
    15206 Westfield Blvd Carmel, IN 46032
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15206 Westfield Blvd
    Carmel, IN 46032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    15206 Westfield Blvd Carmel, IN 46032
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.