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    Carmel, IN Specialty Properties for Sale

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    Specialty Commercial Property
    Updated: Jul 5
    Specialty Commercial Property

    15018 Greyhound, Carmel, IN 46032

    $985,000
    Specialty commercial property in Hamilton County
    Year built: 1986
    GPS‑friendly directions for convenient site access
    View details
    Corporate NNN Day Care Center
    Updated: Feb 25
    Corporate NNN Day Care Center

    10216 N Michigan Rd, Carmel, IN 46032

    $6,143,000
    15‑year corporate lease with Nest School
    2% annual rental increases in the lease
    Three 5‑year extension options with increased rents
    Recent build‑to‑suit construction
    Membrane roof warranty with approximately 13 years remaining
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    Freestanding Auto Shop with Absolute NNN Lease
    Freestanding Auto Shop with Absolute NNN Lease

    531 S Rangeline Rd, Carmel, IN 46032

    Contact for pricing

    Concrete-block service facility under a corporate-backed lease with scheduled rent increases and no landlord maintenance responsibilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 3 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Single-Tenant NNN School Building
    Single-Tenant NNN School Building

    18110 Grassy Branch Road, Westfield, IN 46074

    Contact for pricing
    10,875 sqft 2.06 AC lot

    15-year Modified Triple Net lease with scheduled annual rent increases for a dedicated education operator.

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    Neighborhood Retail Center with Drive-Through
    Neighborhood Retail Center with Drive-Through

    8220 E 106th St, Indianapolis, IN 46256

    Contact for pricing
    12,277 sqft

    Four-tenant retail center is 100% leased, featuring drive-through service and two exterior pergolas.

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    Drive-Through Restaurant NNN
    Drive-Through Restaurant NNN

    222 E 175th St, Westfield, IN 46074

    Contact for pricing
    3,200 sqft

    Brand new drive-thru restaurant on an absolute NNN lease with 8% increases every five years.

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    Modern Retail Center in Indianapolis
    Modern Retail Center in Indianapolis

    8220 E 106th St, Indianapolis, IN 46256

    Contact for pricing
    12,277 sqft

    Stabilized retail center in a high-growth Indianapolis submarket.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B-2 Commercial Land Parcel
    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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    Corner Lot on Shelbyville Road
    Corner Lot on Shelbyville Road

    5133 Gray Road, Indianapolis, IN 46237

    $1,350,000
    8.21 AC lot

    Large corner lot suitable for various developments with approvals.

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    3.53 Acres on Post Road
    3.53 Acres on Post Road

    4045 N Post Rd, Indianapolis, IN 46226

    $265,200
    3.53 AC lot

    Land with religious and residential zoning in mixed-use area.

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    8.5 Acres Development Site
    8.5 Acres Development Site

    729 W County Line Rd, Greenwood, IN 46142

    Contact for pricing
    8.50 AC lot

    Development site near future I-69 interchange, multiple uses possible.

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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.

    230 Smoky Row
    CHARITABLE ORGANIZATION

    230 Smoky Row, Carmel, IN 46032-1302

    $80,000
    Estimated value
    3.69 AC lot
    View details
    111 Main St
    CHARITABLE ORGANIZATION

    111 Main St, Carmel, IN 46032-1823

    $330,000
    Estimated value
    0.05 AC lot
    View details
    Main St
    CHARITABLE ORGANIZATION

    Main St, Carmel, IN 46032

    $1,200,000
    Estimated value
    0.27 AC lot
    View details
    900 Rangeline Rd
    FUNERAL HOME

    900 Rangeline Rd, Carmel, IN 46032-1362

    $530,000
    Estimated value
    6,162 sqft 2.03 AC lot
    View details
    Pennsylvania Pkwy
    CHARITABLE ORGANIZATION

    Pennsylvania Pkwy, Carmel, IN 46280

    $470,000
    Estimated value
    3.28 AC lot
    View details
    201 Pennsylvania Pkwy
    CHARITABLE ORGANIZATION

    201 Pennsylvania Pkwy, Carmel, IN 46280-2301

    $380,000
    Estimated value
    1.18 AC lot
    View details
    Smokey Row Rd
    CHARITABLE ORGANIZATION

    Smokey Row Rd, Carmel, IN 46032

    $295,000
    Estimated value
    1.42 AC lot
    View details
    Pennsylvania St
    CHARITABLE ORGANIZATION

    Pennsylvania St, Carmel, IN 46280

    $375,000
    Estimated value
    2.02 AC lot
    View details
    11590 Haverstick Rd
    CHARITABLE ORGANIZATION

    11590 Haverstick Rd, Carmel, IN 46033-3749

    $320,000
    Estimated value
    0.53 AC lot
    View details
    325 Carmel Dr
    FUNERAL HOME

    325 Carmel Dr, Carmel, IN 46032-2875

    $635,000
    Estimated value
    9,096 sqft 1.72 AC lot
    View details

    Carmel, IN Specialty Properties Market Trends and Statistics

    Explore 13 specialty properties for sale in Carmel, IN, showcased through 3 active listings on our real estate platform.

    Sale prices for properties in Carmel, IN start at $985,000, averaging $3,564,000, and reaching up to $6,143,000 — 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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    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 $985K

    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 100,000+ square foot range.

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