0 Illinois StCarmel, IN 46032

Property Details for 0 Illinois St

Lot size

5.42 AC

Property type

Office properties

Property subtype

Land

Description

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.

Location Insight

City

Carmel

County

Hamilton

State

Indiana

Latitude

39.9594

Longitude

-86.1624

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