Carmel, IN Commercial Land for Sale

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16 properties

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Updated: Sep 17

Urban Core Commercial Land

12779 N Old Meridian Street, Carmel, IN 46032

$985,000

0.54 AC lot

0.54‑acre commercial land parcel
Urban Core (UC) zoning
Former three‑bedroom residential structure
Existing building constructed in 1967
Basement, central air, and asphalt roof

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Updated: Sep 17

Commercial Land with Existing Structure

12779 N Old Meridian Street, Carmel, IN 46032

$985,000

0.54 AC lot

0.54‑acre commercial land parcel
Former three‑bedroom residential structure built in 1967
Located at 12779 N Old Meridian Street, Carmel, IN 46032
Natural gas available
Water source is a well

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Land, Carmel, IN

12779 Old Meridian Street, Carmel, IN 46032

$985,000

0.54 AC lot

Commercial land · 0.54 Acres

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Urban Core Commercial Land

12779 N Old Meridian St, Carmel, IN 46032

$985,000

2,088 sqft

Urban Core-zoned land with an existing former residential structure along Old Meridian Street.

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B-2 Commercial Land Parcel

Weston Pointe Drive, Carmel, IN 46032

$649,900

1.00 AC lot

One-acre commercial site with shared parking and approved office, restaurant, daycare, and service uses.

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Office-Zoned Commercial Land

9998 North Michigan Road, Carmel, IN 46032

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24,670 sqft

Commercial land designated for office use with retail surroundings and multifamily development nearby.

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Multi-Parcel Redevelopment Land Site

1001-1039 S Rangeline Rd, Carmel, IN 46032

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3.15 AC lot

Five parcels totaling 3.15± acres with prominent visibility, access, and nearby public parking.

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Medical & Commercial Development Land

11405 Spring Mill Rd, Carmel, IN 46032

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2.04 AC lot

2.04 acre pad ready site in Bridges Medical Campus.

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Urban Core Commercial Land

12799 Old Meridian Street, Carmel, IN 46032

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An existing three-bedroom residential structure occupies the Carmel parcel, with commercial uses subject to zoning and approvals.

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Carmel Land For Sale

12800 N Old Meridian St, Carmel, IN

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1.78 AC lot

Approximately 1.78 acres of land zoned UC.

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Retail Development Land

7015 E 146th St, Carmel, IN 46033

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2.70 AC lot

A 2.7± acre site available for retail outlets in Carmel, Indiana.

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Carmel Land Parcel on US 31

Highpointe Blvd, Carmel, IN

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5.42 AC lot

Land parcel approved for a 60,000 SF building.

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Prime Downtown Carmel Development Opportunity

105 W Carmel Dr, Carmel, IN 46032

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3.60 AC lot

3.6-acre lot in the heart of Carmel, Indiana.

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Redevelopment Site in Prime Location

1037 S Rangeline Rd, Carmel, IN 46032

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Premier redevelopment site suitable for headquarters or mixed-use project.

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Land Adjacent to US 31

15206 Westfield Blvd, Carmel, IN 46032

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21.52 AC lot

21.52 acres near US 31 in Westfield/Carmel.

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Prime Commercial Land Available

1032 N Rangeline Rd, Carmel, IN 46032

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Commercial land for sale or rent suitable for retail.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Prime Land on Meridian Street

9240 N Meridian, Indianapolis, IN 46260

Contact for pricing

1.35 AC lot

Pad-ready 1.35-acre commercial land for sale.

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Prime Land Near New Costco

E 146th St, Noblesville, IN

Contact for pricing

1.06 AC lot

1.06-acre commercial land with high traffic exposure.

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Development Parcel on 146th Street

5010 E 146th St, Noblesville, IN 46062

Contact for pricing

48.34 AC lot

Rare 48.34-acre development opportunity in Hamilton County.

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Land Parcel for Office or Medical

9302 N Meridian St, Indianapolis, IN 46260

Contact for pricing

Commercial land suited for office or medical use near a signalized intersection.

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Off-Market Properties in Carmel, IN

Consider similar Off-Market properties in Carmel, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

41 Rangeline Rd, Carmel, IN 46032-2461

Estimated value:

$1,385,000

12,680 sqft 0.27 AC lot

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VACANT COMMERCIAL LAND

1527 146th St, Carmel, IN 46074-9610

Estimated value:

$290,000

2.61 AC lot

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VACANT COMMERCIAL LAND

12164 Meridian St, Carmel, IN 46032-4578

Estimated value:

$4,125,000

20,280 sqft 1.13 AC lot

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VACANT COMMERCIAL LAND

270 Merchants Sq Dr, Carmel, IN 46032-2981

Estimated value:

$320,000

0.01 AC lot

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VACANT COMMERCIAL LAND

270 Merchants Sq Dr, Carmel, IN 46032-2981

Estimated value:

$1,035,000

0.09 AC lot

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VACANT COMMERCIAL LAND

Kinzer Ave, Carmel, IN 46032

Estimated value:

$325,000

4.80 AC lot

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VACANT COMMERCIAL LAND

Kinzer Ave, Carmel, IN 46032

Estimated value:

$240,000

3.71 AC lot

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VACANT COMMERCIAL LAND

10445 College Ave, Carmel, IN 46280-1436

Estimated value:

$320,000

0.06 AC lot

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Carmel, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Carmel, IN, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 1,892,433 square feet of properties for sale, with an estimated market value of $4,589,900.

Sale prices for commercial lots in Carmel, IN start at $649,900, averaging $917,980, and reaching up to $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 145K

Population Growth (5Y) +1.7%

Median Household Income $128,931

College Educated 82.0%

High-Yield Neighborhoods for Investment

Identify Carmel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46032	$817.5K

Taxes & Financing

Tax Rate (average for all types) 1.96%

Property Tax per SF $24.58 per SF

Tax Rate vs County Average 0.04 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hamilton County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Carmel fall within the 20 to 50 acres range.

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Carmel, IN Commercial Land for Sale

12779 N Old Meridian Street, Carmel, IN 46032

12779 N Old Meridian Street, Carmel, IN 46032

12779 Old Meridian Street, Carmel, IN 46032

12779 N Old Meridian St, Carmel, IN 46032

Weston Pointe Drive, Carmel, IN 46032

9998 North Michigan Road, Carmel, IN 46032

1001-1039 S Rangeline Rd, Carmel, IN 46032

11405 Spring Mill Rd, Carmel, IN 46032

12799 Old Meridian Street, Carmel, IN 46032

12800 N Old Meridian St, Carmel, IN

7015 E 146th St, Carmel, IN 46033

Highpointe Blvd, Carmel, IN

105 W Carmel Dr, Carmel, IN 46032

1037 S Rangeline Rd, Carmel, IN 46032

15206 Westfield Blvd, Carmel, IN 46032

1032 N Rangeline Rd, Carmel, IN 46032

Opportunities in Nearby Cities

9240 N Meridian, Indianapolis, IN 46260

E 146th St, Noblesville, IN

5010 E 146th St, Noblesville, IN 46062

9302 N Meridian St, Indianapolis, IN 46260

Off-Market Properties in Carmel, IN

41 Rangeline Rd, Carmel, IN 46032-2461

1527 146th St, Carmel, IN 46074-9610

12164 Meridian St, Carmel, IN 46032-4578

270 Merchants Sq Dr, Carmel, IN 46032-2981

270 Merchants Sq Dr, Carmel, IN 46032-2981

Kinzer Ave, Carmel, IN 46032

Kinzer Ave, Carmel, IN 46032

10445 College Ave, Carmel, IN 46280-1436

Carmel, IN Commercial Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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