Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3753 Post Rd Indianapolis, IN 46226

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail Investment Opportunity: 8,481 SF

    Property size:
    8,481 SF

    Property Features for 3753 Post Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    8,481 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Jeffrey Marchio
    Jeffrey Marchio

    Listing Agency: Tharp Realty Group Listing Agent: Jeffrey Marchio

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

    Learn more

    Overview

    This 8,481 square foot shopping center, located at 3753-3765 N Post Rd, Indianapolis, IN 46226 (APN: 49-08-20-109-004.000-701), presents a compelling investment opportunity. Built in 1982, this single-story building sits on a 0.34-acre lot and offers excellent visibility from 38th Street. Recent road expansion at the intersection of 38th Street and Post Road has improved accessibility, providing easy ingress and egress from two sides. The property boasts ample parking with 20 spaces, catering to the needs of both tenants and customers. Currently housing a mix of retail stores and restaurants, this high-traffic area location ensures consistent foot traffic. The property is zoned for Commercial and Retail use. The asking price is $950,000, translating to $112.02 per square foot. This property offers a strong return on investment due to its prime location, high visibility, and convenient access. Don't miss this chance to acquire a thriving retail center in a bustling Indianapolis neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0086185
    Latitude
    39.82564868

    Nearby Similar for Sale

    • $999,999
      0.14 Acres

      Indianapolis Quadplex Near Downtown

      Fully operational quadplex near downtown Indianapolis with strong income performance.
      1728 N Delaware St, Indianapolis, IN 46202
      View Details
    • $1,300,000
      Pending

      Indianapolis Multi-Family Investment Opportunity

      17-unit rental portfolio near I-465 with diverse unit types.
      3805 Biscayne Rd, Indianapolis, IN 46226
      View Details
    • $395,000
      Pending

      Turnkey Duplex in Downtown Indianapolis

      Luxury duplex with modern finishes, strong rental income potential.
      1036 N Parker Ave, Indianapolis, IN 46201
      View Details
    • $719,800
      0.26 Acres

      New Construction Duplex Near Monon

      New construction duplex near Monon offering urban living and investment potential.
      2051-2053 Columbia Ave, Indianapolis, IN 46202
      View Details
    • $425,000
      2,156 SF

      Indianapolis Mixed-Use Property with Daycare

      Two-bedroom home with daycare business opportunity on a large lot.
      839 S Lynhurst Dr, Indianapolis, IN 46241
      View Details
    • $650,000
      Pending

      Renovated Triplex in Indianapolis

      Fully renovated triplex with income potential in Indianapolis, IN.
      738 Cottage Ave, Indianapolis, IN 46203
      View Details
    • $619,000
      0.17 Acres

      Renovated Duplex in Fountain Square

      Spacious, renovated duplex near Fountain Square's amenities and downtown Indianapolis.
      1437-1439 Woodlawn Ave, Indianapolis, IN 46203
      View Details
    • $335,000
      0.13 Acres

      Updated Duplex Near Monon Trail

      Renovated duplex near Monon Trail, ideal for investors.
      2321 Guilford Ave, Indianapolis, IN 46205
      View Details
    • New
      $395,000
      Pending

      Charming Triplex with Cashflow Potential

      Well-maintained triplex with historical charm, ideal for investment or owner-occupancy.
      1102 N Oakland Ave, Indianapolis, IN 46201
      View Details
    • New
      $424,000
      0.16 Acres

      Broad Ripple Multifamily Investment Opportunity

      Four-unit property near Monon Trail and Broad Ripple Avenue.
      5917 Carrollton Ave, Indianapolis, IN 46220
      View Details
    • New
      $585,000
      8,750 SF

      Mixed-Use Property in Indianapolis

      Mixed-use property with three units, income potential, and modern finishes.
      2305 E Michigan St, Indianapolis, IN 46201
      View Details
    • $599,000
      3,950 SF

      Remodeled Duplex in Fountain Square

      Fully remodeled duplex near downtown Indianapolis with two spacious units.
      1622-1624 Prospect St, Indianapolis, IN 46203
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Retail Investment Opportunity: 8,481 SF
    Where is this lifestyle center located?
    The property is located at 3753 Post Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: High visibility from 38th Street.; Improved intersection access at 38th Street due to recent road expansion.; Convenient access with two points of ingress/egress.
    Request Owner's contact information
    3753 Post Rd Indianapolis, IN 46226
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3753 Post Rd
    Indianapolis, IN 46226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3753 Post Rd Indianapolis, IN 46226
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeffrey Marchio
    Jeffrey Marchio
    Real Estate License ID: RB17000302
    Learn more
    Google sign-in failed. Please try again or use another login method.