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    3802-3816 N High School Rd Indianapolis, IN 46254

    For Lease
    Contact for pricing

    Former restaurant space with frontage on 38th Street.

    Property size:
    1,366 SF
    Lot size:
    0.73 Acres

    Property Features for 3802-3816 N High School Rd

    General Information

    Size
    1,366 SF
    Lot size
    0.73 Acres

    Source: Midland Atlantic Indianapolis Office Agent Shawn Heffern

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

    Overview

    Turnkey Restaurant Space Available

    A turnkey former restaurant space is available for rent. This property presents a rare opportunity, situated on a prominent hard corner with frontage on 38th Street, which sees over 46,000 vehicles per day. The location offers close proximity and convenient access to I-465. The property is a Home Depot outlot and is situated at a signalized intersection. A pylon panel is available. The property has a size of 1366 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Gemini 2 Inc, FlashyZeeAfrikCuisine, MR HIBACHI LOCO FOOD TRUCK

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2706846
    Latitude
    39.8239706

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant space with frontage on 38th Street.
    Where is this restaurant located?
    The property is located at 3802-3816 N High School Rd Indianapolis, IN.
    What are key features of this property?
    This property features: - Turnkey former restaurant space; - Rare opportunity on prominent hard corner; - Frontage on 38th Street with over 46,000 VPD
    (317) 580-9900
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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
    3802-3816 N High School Rd Indianapolis, IN 46254
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