Industrial Properties in Carmel, Indiana, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and growing population of nearly 100,000 residents. As a hub for corporate office space, Carmel is home to over 40 corporate headquarters and numerous regional offices, including OPENLANE, Allegion, CNO Financial Group, MISO, and Delta Faucet. Industrial Properties in Carmel provide a range of investment opportunities, from warehouses and manufacturing facilities to distribution centers and flex spaces. With its prime location just north of Indianapolis, Carmel offers easy access to major transportation routes, including Meridian Street (US 31) and Keystone Parkway (formerly Keystone Avenue/SR 431), making it an attractive option for businesses and investors alike. The city's extensive network of roundabouts and major east-west streets, such as 96th Street, 106th Street, 116th Street, 126th Street, 131st Street, 136th Street, and 146th Street, also provide easy navigation and access to the surrounding area. Additionally, Carmel's amenities, including the Carmel Monon Community Center, the Monon Trail, and the Arts & Design District, make it an attractive place to live, work, and invest.
With 2 Industrial Properties for sale in Carmel, investors have a range of options to choose from. In addition to Industrial Properties, Carmel also offers a range of other property types, including Warehouses, which provide ample storage and distribution space; Land, perfect for development or investment; Apartment Buildings, offering a steady stream of rental income; and Commercial Real Estate, ideal for businesses and entrepreneurs. The city's strong economy and growing population make it an attractive option for investors, with average prices per square foot of $194 USD and average sizes of 303,850 square feet. The largest Industrial Property available in Carmel spans 586,733 square feet, offering ample space for businesses and investors. With an average cap rate of 6.85%, Industrial Properties in Carmel provide a solid investment opportunity for those looking to capitalize on the city's growth and prosperity.
What is the average price per square foot for industrial properties in Carmel?
The average price per square foot for industrial properties in Carmel is $194 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Carmel, Indiana, as they impact the ease of doing business, accessibility, and connectivity to major markets and transportation hubs.
- Proximity to major roads such as Meridian Street (US 31) and Keystone Parkway (formerly Keystone Avenue/SR 431) can increase industrial property values, as they provide easy access to Indianapolis and other surrounding cities.
- The presence of the Carmel Monon Depot, a historic train station, and the Monon Trail, a multi-use trail, can also enhance industrial property values by offering alternative transportation options and recreational amenities for employees.
- Furthermore, the city's extensive network of roundabouts and major east-west streets, including 96th Street, 106th Street, 116th Street, 126th Street, 131st Street, 136th Street, and 146th Street, can improve traffic flow and reduce congestion, making industrial properties more attractive to businesses and investors.
