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Commercial Land at Signalized Intersection
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9884 N Michigan Rd, Carmel, IN 46032

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

Property SizeContact for details
Days on Market142

Property Features for 9884 N Michigan Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Equivis
Listed By: Robyn Swihart · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:44PM

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 Equivis

Investment Insights

Based on property information with market context.

This commercial land offering occupies the northwest corner of the first signalized intersection north of I-465 on Michigan Road. The site carries B-2 and I-2 zoning, corresponding to Business District and Industrial District classifications.

The property records combined traffic volume of 54,515 vehicles per day and a daytime population of 15,353 within 1 mile. Its service area includes West Carmel and Zionsville, with Costco and Target identified as nearby retail traffic drivers. The site is located at 9884 N Michigan Rd in Carmel, Indiana.

Key Highlights

  • B‑2 and I‑2 zoning: Business District and Industrial District classifications
  • Northwest corner of the first lighted intersection north of I‑465 on Michigan Road
  • Combined traffic counts of 54,515 vehicles per day

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

800
Businesses Nearby

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B-2 and I-2 zoning supports commercial and industrial development at a prominent Michigan Road intersection.
Where is this commercial land located?
The property is located at 9884 N Michigan Rd Carmel, IN.
What are key features of this property?
This property features: B‑2 and I‑2 zoning: Business District and Industrial District classifications; Northwest corner of the first lighted intersection north of I‑465 on Michigan Road; Combined traffic counts of 54,515 vehicles per day
More about this property
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