146th St & Community DrCarmel, IN 46033

For Sale

1.7-acre commercial land, high traffic

Overview

Added:
Dec 11, 2024
Days on market:
90
Exceptional 1.7-acre commercial land parcel ideally situated in Carmel, Indiana's thriving LEO at Carmel development. This PUD-zoned property boasts a prime location at the signalized intersection of E 146th Street and Community Drive, experiencing high daily traffic volume of 25,750 vehicles. The site is part of the larger Legacy of Carmel, a 400-acre master-planned mixed-use district, ensuring strong surrounding demographics and consistent consumer traffic. Within a one-mile radius, there are 2,235 households with an average household income of $148,321, providing a robust consumer base for retail businesses. This opportunity includes the potential for retail outlots, with one acre already under contract with a national coffee chain, demonstrating strong market demand. Additionally, 5,828 square feet of ground floor retail condos are also available, presenting further development possibilities. The property's APN is 29-10-23-000-001.003-018. This is a unique chance to establish a presence in a rapidly growing area with significant residential and commercial development. The surrounding LEO at Carmel development comprises 350 units, including 230 single-family attached and detached homes and 120 garden-style apartments, further solidifying the area's potential for retail success.

Highlights

  • 1.7-acre commercial land parcel available for retail development in Carmel, Indiana.
  • Located within the Legacy of Carmel, a 400-acre master-planned mixed-use district, adjacent to a 350-unit residential development.
  • High traffic location with 25,750 vehicles per day on 146th Street and a signalized intersection at 146th Street and Community Drive.
  • One acre under contract with a national coffee chain.
  • Strong demographics: 2,235 households within a 1-mile radius, with an average household income of $148,321.
  • Additional 5,828 square feet of ground floor retail condos also available.

Property Details for 146th St & Community Dr

Property type
Other land, Land
Lot Size (sq. ft)
74,052 SF

Location Insight

City
Carmel
County
Hamilton
State
Indiana
Latitude
40.000167910284
Longitude
-86.044959056942
146th St & Community Dr, Carmel, Indiana

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146th St & Community Dr
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