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    5615 W 38Th St Indianapolis, IN 46218

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    For Lease
    $17 SF/Yr ($14,450 /Mo)

    Retail property with 10,200 square feet available for lease.

    Property size:
    10,200 SF
    Lot size:
    10.59 Acres

    Property Features for 5615 W 38Th St

    General Information

    Size
    10,200 SF
    Lot size
    10.59 Acres

    Source: Jeff Marchio Agent Jeff Marchio

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

    Overview

    Retail Space Available For Lease

    This retail property offers 10,200 square feet of space available for lease. The property is located at 5615 W 38th St, Indianapolis, IN.
    Insight Report Location Intelligence

    Current Use by Public Records

    US Mattress & Furniture Mattress Store Roses Discount Store Clothing Store American Freight Furniture, ... Furniture Store

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.07124
    Latitude
    39.825176

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    FAQs

    What type of property is this?
    Retail property - Retail property with 10,200 square feet available for lease.
    Where is this retail property located?
    The property is located at 5615 W 38Th St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - 10,200 square feet available for lease.; - Retail property.
    Request Owner's contact information
    5615 W 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
    5615 W 38Th St Indianapolis, IN 46218
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