1021 Rangeline Rd Carmel, IN 46032-2543
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.
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Pro Boom Lift Rentals Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.