10880 N Michigan Road
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30786408 |
| Property Subtypes: |
Retail
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
1.70 Acres
|
| Sale Price: |
$1,100,000 |
| Unit Price: |
$647,058 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/10/2022 |
Overview / Comments
|
1.7 acre outparcel available with frontage along Michigan Road in the center of a busy retail corridor just north of I465 in Zionsville/Carmel, Indiana. The land has excellent visibility and easy access to Michigan Road. The land is zoned commercial allowing for most retail, office and transitional uses.
|
Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Boone |
| Taxing Authority: |
Hamilton County |
| Tax ID/APN: |
29-13-06-000-031.000-018 |
| Zoning: |
B3 |
| Property Located Between: |
106th and 116th Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Michigan Road |
| Feet of Frontage: |
165 |
| Traffic/Vehicle Count: |
22,400 |
| Highway Access: |
I465 |
| Airports: |
Indianapolis International |
| Site Description: |
1.7 acre outparcel available with frontage along Michigan Road in the center of a busy retail corridor just north of I465 in Carmel, Indiana. The land has excellent visibility and easy access to Michigan Road. The land is zoned commercial allowing for most retail, office and transitional uses. |
| Area Description: |
The Michigan Road corridor is a major feeder between downtown Indianapolis and Carmel with a great mix of retail, office, multi-family and residential. Michigan Road has excellent traffic counts coupled with dense residential and daytime populations. Carmel, Indiana is one of the fastest growing communities in the State of Indiana and is located on the annual top lists of schools, places to raise a family and places to do business. |
| Lot Frontage: |
165 |
| Lot Depth: |
380 |
| Zoning Description: |
B3 allows for most commercial uses, including retail, restaurant and others. |
| Development Name: |
Aria |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,896 |
39,682 |
121,793 |
| Median Age: |
40.44 |
38.89 |
37.73 |
| Households: |
3,738 |
16,295 |
48,255 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
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