12895 Old Meridian St, Carmel, IN 46032-8704

This exceptional 4.4-acre development site presents a unique investment opportunity in Carmel, Indiana, a highly desirable area consistently ranked among the nation's best towns. Located at 12895 Old Meridian St, in Hamilton County, this property is ideally situated within a vibrant mixed-use submarket, boasting strong fundamentals and attractive demographics. The average household income within a one-mile radius is $108,000, reflecting the area's affluence. The site is shovel-ready, significantly streamlining the development process. A substantial $9.5 million Tax Increment Financing (TIF) agreement is already in place, along with city planning approvals, minimizing development hurdles and maximizing return on investment. This presents a rare chance to capitalize on one of Carmel's last remaining undeveloped sites, making it perfect for investors seeking to establish a presence in this thriving market. The property is zoned for both commercial and residential development, offering flexibility for a variety of projects. The 46032 zip code further underscores the prime location within this sought-after community.