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    7039 E 38Th St Indianapolis, IN 46219

    For Sale
    $125,000

    Unimproved Land - Indianapolis, IN

    Type:Unimproved Land
    Lot size:
    0.45 Acres
    Days on Market:
    143
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 7039 E 38Th St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    Comm
    APN
    490724123023000700
    Lot size
    0.45 Acres

    Building Details

    Architectural style
    Other

    NO LIMIT Real Estate, LLC (317) 440-2149 [email protected]

    Listing agent Charlene Gaard (317) 440-2149 License #RB14033327

    Listing date Jul 18, 2025

    MLS# 21722954 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot in High-Traffic Area

    This commercial lot is located just east of the intersection at 38th Street and Shadeland Avenue. Zoned C3/D5, the previously developed property is in a high-traffic area near a signalized intersection. It offers access to major highways, including I-465 and I-70. The 0.448-acre site is suitable for a retail space, office development, or other commercial venture. This location is in Indianapolis, IN 46219, Marion County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.04475
    Latitude
    39.82544

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land near 38th and Shadeland intersection.
    Where is this commercial land located?
    The property is located at 7039 E 38Th St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - High-traffic location near a signalized intersection ensures maximum visibility.; - Zoned C3/D5, suitable for a variety of commercial ventures.; - Seamless access to major highways I-465 and I-70.
    (317) 440-2149
    Request Owner's contact information
    7039 E 38Th St Indianapolis, IN 46219
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    Indianapolis, IN 46219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7039 E 38Th St Indianapolis, IN 46219
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