For Sale
$3,523,000

Illinois StCarmel, IN 46032

5.42 Acres Office Land in Carmel, IN

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional 5.42-acre parcel, located in Carmel, Indiana, presents a prime development opportunity. Situated on the Carmel Meridian Corridor (US 31), this PUD-zoned land offers unparalleled visibility and accessibility. Part of a larger 26-acre master-planned mixed-use project, the site boasts prominent frontage on US 31, benefiting from high traffic counts of 55,827 vehicles per day. Approved for a three-story building up to 60,000 square feet, this fully entitled site includes existing onsite detention. Two convenient access points from US 31 (131st and 136th Streets) ensure easy ingress and egress, while its proximity to I-465 provides excellent regional connectivity. The location within the Meridian Corridor, home to over 40 corporate headquarters and a significant medical presence, guarantees a strong market for this development. The Hamilton County address (APN: 29-09-26-015-033.000-018) and zip code 46032 further solidify its strategic position in this thriving Indiana community. This is an exceptional opportunity to build in a high-demand area with strong corporate and medical anchors. The asking price is $3,523,000.

Highlights

  • Approved for a 60,000 SF, three-story building.
  • Two access points from US 31 at 131st and 136th Streets.
  • Easy I-465 access.
  • PUD zoning allows for various uses.
  • High visibility from US 31/Meridian Street.
  • Fully entitled site with existing onsite detention.

Property Details for 0 Illinois St

Property type
Office properties, Land
Lot Size (sq. ft)
236,095 SF

Location Insight

City
Carmel
County
Hamilton
State
Indiana
Latitude
39.9594107
Longitude
-86.1623517
Illinois St, Carmel, Indiana

FAQs

What type of property is this?
Office property - 5.42 Acres Office Land in Carmel, IN
Where is the office property located?
The property is located at Illinois St Carmel, IN.
What is the asking price?
The asking price for this property is $3,523,000.
What are key features of this property?
This property features: Approved for a 60,000 SF, three-story building.; Two access points from US 31 at 131st and 136th Streets.; Easy I-465 access.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Illinois St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message