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Zoned Development Land Parcel
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5855 E 38th Street, Indianapolis, IN 46218

Development land zoned D4 and C3, offered as a parcel that can be combined with two adjacent listings.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market120

Property Features for 5855 E 38th Street

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Special Purpose
Zoning D4 and C3
Listing Agency: C21 Commercial
Listed By: Jonathan Blake · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C21 Commercial

Investment Insights

Based on property information with market context.

This offering is a development land parcel zoned D4 and C3, available as a standalone site or as part of a larger combined assembly. The seller notes the parcel can be combined with MLS #s 21903473 and 21903468.

The property is located on the south side of E. 38th Street, just west of Arlington Avenue in Indianapolis. Public remarks also indicate the site sits within the Lift Indy initiative area, a $3.5 million investment by the City of Indianapolis announced by Mayor Hogsett.

If you’re evaluating a larger footprint, inquire about combining the listed parcel with the adjacent options to support an expanded development plan.

Key Highlights

  • .18‑acre development land zoned D4 and C3
  • Can be combined with MLS #21903473 and MLS #21903468
  • Approximately 3.26 acres in total when combined with adjacent listings

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development land zoned D4 and C3, offered as a parcel that can be combined with two adjacent listings.
Where is this commercial land located?
The property is located at 5855 E 38th Street Indianapolis, IN.
What are key features of this property?
This property features: .18‑acre development land zoned D4 and C3; Can be combined with MLS #21903473 and MLS #21903468; Approximately 3.26 acres in total when combined with adjacent listings
More about this property
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