1037 Range Line Rd Carmel, IN 46032
- Land
- 3.15 lot acres
Current Use by Public Records
- Land
Property Details for 1037 Range Line Rd
- Lot size
- 3.15 lot acres
- Property type
- Land
Description
This exceptional 3.15-acre commercial land parcel presents a unique redevelopment opportunity in the heart of Carmel, Indiana. Located at 1037 S Rangeline Rd, this property boasts a highly visible corner location, spanning an entire city block. The site offers remarkable views and benefits from excellent elevation. Its strategic position across from the expanded police station and courthouse, Civic Square Parking Garage, City Center, Japanese Garden, Monon Trail, Farmer's Market, and Palladium ensures unparalleled access to amenities and high foot traffic. A pedestrian multi-use path and raised crosswalk enhance accessibility. Over 1,000 public parking spaces are within walking distance, providing ample convenience for future development. The property consists of five parcels (APN: 29-10-31-107-018.000-018) and is ideally suited for a high-density development project, potentially benefiting from Tax Increment Financing (TIF). Existing income streams are in place, making this a compelling investment opportunity with significant potential for a new headquarters or mixed-use development. This is one of the most prominent locations in Carmel, offering exceptional visibility and accessibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carmel
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1262
- Latitude
- 39.9657
