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3654 W 96th St - Carmel Land - Gateway 3.54 Acres of Commercial Land Offered at $1,660,068 CAD in Indianapolis, IN 46268



INVESTMENT HIGHLIGHTS
- Carmel Gateway Development Opportunity
- Investment Hotspot
- Strategic Accessibility
- High-Visibility Location
- Strong Demographics
- Mixed-Use Potential
EXECUTIVE SUMMARY
Key highlights include:
-Strategic Location: Positioned within the Carmel gateway zone, this land is poised to capitalize on the area's ongoing development and economic expansion.
-Development Potential: The S1 zoning allows for a range of potential uses, offering flexibility for various development projects. (It is very important that potential buyers verify allowable uses with the city of Carmel).
-Size and Scope: With 3.54 acres, this property provides ample space for significant development.
-High-Growth Area: Carmel is known for its strong demographics, excellent schools, and thriving business environment, making it a highly desirable location.
This is a rare opportunity to acquire a substantial land parcel in a premier location. We encourage serious inquiries to explore the immense potential this property offers.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,660,068 CAD | Lot Size | 3.54 AC |
| Price Per AC | $468,945.75 CAD |
| Price | $1,660,068 CAD |
| Price Per AC | $468,945.75 CAD |
| Lot Size | 3.54 AC |
3.54-acre parcel of land ready to be developed, zoned S1 with Single Family Residence, 1 curb cut off 96th St., regulated drain runs through the property, not affected by flood plain
DESCRIPTION
This 3.54-acre parcel of land, zoned S1, is situated on West 96th Street in Indianapolis, IN. The property is located within the desirable Carmel gateway zone, a location poised for ongoing development and economic expansion. The site is currently occupied by a single family residence. The property is located near B5 zoned land that allows for medical, office, and residential use. The west side of Commerce features a mix of S-1, B5, and B7 zoning, all intended to integrate well with residential areas. Carmel’s Master Plan identifies this area as a “Gateway” area, slated for large lot mixed-use commercial development. Permitted uses in this area include commercial, residential, retail, parks, light industrial, institutional, educational, and hospitality. This parcel offers exceptional potential for investors and developers seeking a strategic location in a rapidly growing area of Hamilton County.
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3654 W 96th St - Carmel Land - Gateway
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