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    3749-3757 E 38Th St Indianapolis, IN 46218

    For Sale
    $950,000

    Retail property with high visibility and ample parking.

    Property size:
    8,481 SF
    Lot size:
    0.86 Acres

    Property Features for 3749-3757 E 38Th St

    General Information

    Size
    8,481 SF
    Lot size
    0.86 Acres

    Source: Tharp Realty Agent Jeffrey 'Jeff' Marchio

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

    Overview

    Retail Property on 38th Street

    This retail property benefits from excellent visibility on 38th Street. The location features easy ingress and egress from two sides and ample parking. The property is situated in a high-traffic area and includes a mix of retail stores and restaurants. The road expansion of the intersection and 38th Street is complete.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    BMV Connect Kiosk, Shops at Avondale Meadows, Jale En La 38

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.103499
    Latitude
    39.824967

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    FAQs

    What type of property is this?
    Shopping center - Retail property with high visibility and ample parking.
    Where is this shopping center located?
    The property is located at 3749-3757 E 38Th St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Excellent visibility from 38th Street.; - High traffic area.; - Road expansion of intersection & 38th Street complete.
    (317) 890-1714
    Request Owner's contact information
    3749-3757 E 38Th St Indianapolis, IN 46218
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    Indianapolis, IN 46218
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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
    3749-3757 E 38Th St Indianapolis, IN 46218
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