Illinois Street - Highpointe on Meridian
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Illinois Street - Highpointe on Meridian
5.42 Acres of Industrial Land Offered at $3,523,000 in Carmel, IN 46032
Investment Highlights
- Approved for up to a 60,000 SF, 3-story building
- Easily accessible to I-465
- Prominent visibility from US 31/Meridian Street
- Two access points from US 31 (131st Street and 136th Street)
- Zoned PUD - Various uses approved
- Site is fully entitled with onsite detention in place
Executive Summary
Highpointe on Meridian is part of a 26-acre master-planned, mixed-use project. The site is on the Carmel Meridian Corridor (US 31), immediately north of Indianapolis and home to the second largest concentration of office workers in the state of Indiana. With more than 40 corporate headquarters and a high concentration of medical services, the Meridian Corridor features high quality development, and a strong corporate/medical presence.
Property Facts
| Price | $3,523,000 | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 5.42 AC |
| Property Type | Land |
| Price | $3,523,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Mixed Use |
| Total Lot Size | 5.42 AC |
1 Lot Available
Lot
| Price | $3,523,000 | Lot Size | 5.42 AC |
| Price Per AC | $650,000 |
| Price | $3,523,000 |
| Price Per AC | $650,000 |
| Lot Size | 5.42 AC |
Traffic Counts on US 31 - 55,827 VPD
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PROPERTY TAXES
| Parcel Number | 29-09-26-015-003.000-018 | Improvements Assessment | $0 |
| Land Assessment | $8,100 | Total Assessment | $8,100 |
PROPERTY TAXES
Parcel Number
29-09-26-015-003.000-018
Land Assessment
$8,100
Improvements Assessment
$0
Total Assessment
$8,100
zoning
| Zoning Code | PUD (Planned Urban Development) |
| PUD (Planned Urban Development) |
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Thomas Osborne, SIOR -
Kimberly Hartman, CPM -
Bradley Company
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Illinois Street - Highpointe on Meridian
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