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    3805 S East St Indianapolis, IN 46227

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    For Sale
    $1,750,000

    Neighborhood strip center with high traffic and visibility.

    Property size:
    21,646 SF
    Lot size:
    5.17 Acres

    Property Features for 3805 S East St

    General Information

    Size
    21,646 SF
    Lot size
    5.17 Acres

    Source: Cushman & Wakefield | Indianapolis Agent William French

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Center For Sale

    This neighborhood strip center is located at the signalized southeast corner of South East Street and National Avenue. The property is available for sale. It features access from both South East Street and National Avenue, with good visibility to South East Street, a primary corridor linking downtown Indianapolis to Greenwood. The property benefits from solid traffic counts of 20,148 vehicles per day. The property is surrounded by strong national retail tenants and is located near the University of Indianapolis. The property size is 21,646 square feet.
    Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Shipping And Mailing Service Advance Auto Parts Auto Parts Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.14731
    Latitude
    39.711098

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    FAQs

    What type of property is this?
    Strip mall - Neighborhood strip center with high traffic and visibility.
    Where is this strip mall located?
    The property is located at 3805 S East St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Signalized corner location at South East Street and National Avenue; - High traffic count of 20,148 vehicles per day; - Good visibility to South East Street
    (317) 590-5052
    Request Owner's contact information
    3805 S East St Indianapolis, IN 46227
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    Indianapolis, IN 46227
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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
    3805 S East St Indianapolis, IN 46227
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