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14550 Mundy Dr
Noblesville, IN 46060
Land For Sale · 1.14 AC

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Investment Highlights

  • High-visibility corner with strong frontage along two major arteries.
  • Positioned within Prairie Lakes Shopping Center with established co-tenancy.
  • Drive-thru uses permitted to maximize development flexibility.
  • Adjacent to first Dutch Bros Coffee in Indiana and across from Costco.
  • Surrounded by top-tier household incomes and dense residential growth.
  • Strong traffic counts supporting destination and convenience-oriented retail.

Executive Summary

Positioned at the gateway to one of Hamilton County’s most dynamic retail corridors, this 1.14-acre commercial outlot at 14550 Mundy Drive offers an exceptional opportunity for buyers seeking strong visibility, immediate consumer draw, and long-term market stability. Located at the intersection of SR 37 and 146th Street, the site benefits from daily traffic volumes exceeding 26,000 vehicles on 146th Street and more than 32,500 vehicles along SR 37, creating a highly visible environment for brand placement and customer engagement.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.14 AC
Zoning C - Commercial

1 Lot Available

Lot

Price $1,200,000
Price Per AC $1,052,631.58
Lot Size 1.14 AC

1.14 Acre Outlot Available For Sale along SR 37 and 146th Street. Drive-thru uses permitted; high-visibility commercial corridor.

Description

Situated within the Prairie Lakes Shopping Center, the outlot is surrounded by an impressive roster of regional and national anchors including Godby Home Furnishings, Urban Air, and Crunch Fitness. Dutch Bros Coffee selected the adjacent parcel for its first Indiana location, further validating the area’s strong retail performance and consumer demand. Costco’s recent opening directly across the street adds significant traffic flow and elevates the corridor’s destination appeal. Noblesville and the greater Hamilton County area continue to experience steady population and income growth. Within a five-mile radius, more than 156,000 residents and average household incomes surpassing $156,000 create an exceptional demographic foundation for retailers, service providers, and dining concepts. The site’s flexible zoning with drive-thru uses permitted enhances development optionality for QSR, medical, financial, or multi-tenant retail concepts seeking immediate scalability in a proven market. With its prominent position, surrounding high-performing tenants, and strong trade-area economics, this outlot represents a compelling acquisition for developers and owner-users looking to establish a high-visibility presence in one of Indiana’s most sought-after retail corridors.

Property Taxes

Property Taxes

Parcel Number
29-11-19-039-002.000-019
Land Assessment
$904,500
Improvements Assessment
$2,665,300
Total Assessment
$3,569,800
  • Listing ID: 39308134

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 14550 Mundy Dr, Noblesville, IN 46060

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