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Commercial Land at Intersection
For Sale
$1,200,000

3815 N Shadeland Avenue, Indianapolis, IN 46226

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size2.41 Acres
Days on Market679

Property Features for 3815 N Shadeland Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-4
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Subdivision 4904 - Marion - Lawrence
Standard status Active
APN 490713112023000401
Lot size 2.41 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Shadeland Park Annex L122-L126 & 1/2 Vacated Alley E & Adj
Tax Annual Amount 7140
Legal Description Shadeland Park Annex L122-L126 & 1/2 Vacated Alley E & Adj

Utilities

Utilities Natural Gas Available

Building Details

Year built 1950
Listing Agency: Carpenter, REALTORS(R)
Listed By: Felman Brown
Added: Dec 11, 2024 Changed: Oct 21 Last Checked: Oct 21 at 3:06PM
MLS# 22014864

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2.41-acre commercial parcel is zoned C-4 and includes a vacant house built in 1950. Natural gas is available.

The property is positioned at the intersection of Shadeland Avenue and East 38th Street. Reported traffic counts are 36,497 on Shadeland Avenue and 23,769 on East 38th Street.

Key Highlights

  • 2.41‑acre commercial parcel
  • C‑4 zoning
  • Intersection of Shadeland Avenue and East 38th Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Furniture & Home Goods Cafe & Coffee Shop

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

Lease Details

36,497 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 46226, IN

43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - C-4 zoning and natural gas availability support commercial site planning.
Where is this commercial land located?
The property is located at 3815 N Shadeland Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2.41‑acre commercial parcel; C‑4 zoning; Intersection of Shadeland Avenue and East 38th Street
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