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    5320-5418 W 38Th St Indianapolis, IN 46218

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    For Lease
    Contact for pricing

    Retail space for lease in an internationally diverse area.

    Property size:
    8,000 SF
    Lot size:
    10.78 Acres

    Property Features for 5320-5418 W 38Th St

    General Information

    Size
    8,000 SF
    Lot size
    10.78 Acres

    Source: Sandor/Sand Capital - Corporate Agent Tim Lee

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

    Overview

    Retail Space in Densely Populated Area

    This retail space is situated in a densely populated and internationally diverse area. The location provides convenient access to both I-65 and I-465. The property includes an outlot available for ground lease. A brand-new Old National Bank is now open on the premises. Daily traffic counts reach 33,348 on 38th Street and 23,768 on Moller Road. The property size is 8,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Collection Sites - Covid-19 ... Medical Laboratory

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2524256
    Latitude
    39.8248886

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in an internationally diverse area.
    Where is this retail space located?
    The property is located at 5320-5418 W 38Th St Indianapolis, IN.
    What are key features of this property?
    This property features: - High daily traffic counts, with 33,348 on 38th Street and 23,768 on Moller Road; - Outlot available for ground lease; - Brand-new Old National Bank now open
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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
    5320-5418 W 38Th St Indianapolis, IN 46218
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