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1037 Range Line RdCarmel, IN 46032

Prime Redevelopment Site in Carmel, IN

Overview

Added:
Dec 11, 2024
Days on market:
124
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.

Highlights

  • Prime Carmel location with high visibility.
  • 3.15± acre site comprised of five parcels, offering excellent access.
  • Existing income stream supports redevelopment potential.
  • Elevated site with stunning views.
  • Direct access to pedestrian path and raised crosswalk.
  • Over 1,000 public parking spaces nearby.

Property Details for 1037 Range Line Rd

Property type
Land
Lot Size (sq. ft)
137,214 SF

Location Insight

City
Carmel
County
Hamilton
State
Indiana
Latitude
39.9656704
Longitude
-86.1262172
1037 Range Line Rd, Carmel, Indiana

FAQs

What type of property is this?
Land - Prime Redevelopment Site in Carmel, IN
Where is the land located?
The property is located at 1037 Range Line Rd Carmel, IN.
What are key features of this property?
This property features: Prime Carmel location with high visibility.; 3.15± acre site comprised of five parcels, offering excellent access.; Existing income stream supports redevelopment potential.
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1037 Range Line Rd
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