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    1834 E 38Th St Indianapolis, IN 46218

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    For Sale
    $550,000

    Retail property with excellent visibility and on-site parking.

    Property size:
    3,200 SF
    Lot size:
    0.26 Acres

    Property Features for 1834 E 38Th St

    General Information

    Size
    3,200 SF
    Lot size
    0.26 Acres

    Source: Veritas Realty Agent Paul Rogozinski

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

    Overview

    Retail Property Near State Fairgrounds

    This 3,200-square-foot retail property benefits from excellent street visibility and on-site parking. The building is meticulously maintained and features a new roof, HVAC system, and hot water heater. It offers easy access from 38th Street and is located near the Indiana State Fairgrounds. The property is currently operating as a business and includes equipment in like-new condition.
    Insight Report Location Intelligence

    Current Use by Public Records

    Indy Auto Paint ... Auto Body Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    So Petal Florist - Same Day Flower Delivery

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.12744
    Latitude
    39.82563

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    FAQs

    What type of property is this?
    Storefront property - Retail property with excellent visibility and on-site parking.
    Where is this storefront property located?
    The property is located at 1834 E 38Th St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Ongoing business with meticulously maintained building; - New roof, HVAC, hot water heater; - Excellent street visibility with onsite parking
    (317) 472-1800
    Request Owner's contact information
    1834 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
    1834 E 38Th St Indianapolis, IN 46218
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