10101 38Th St Indianapolis, IN 46235
This exceptional redevelopment opportunity presents a substantial 42-acre site encompassing 342,062 square feet of buildable area. Located at 10101 E 38th St, Indianapolis, IN 46235, in Marion County, this property, formerly John Marshall High School, offers significant potential for visionary investors and developers. The property features two stories, one building, and two loading docks with two dock-high doors. Built in 1968, the site is zoned SU-2 and boasts a convenient location near the Far Eastside industrial area and a short drive from downtown Indianapolis. This prime location provides easy access to business hubs, diverse dining options, and vibrant entertainment. The property's size and adaptability make it ideal for a wide range of projects, capitalizing on Indianapolis's dynamic growth. The APN is 49-08-21-124-001.000-701, 49-08-21-124-002.000-701, and 49-08-21-130-003.000-701. Owned by Indianapolis Public School, this is a unique chance to acquire a large-scale property with immense redevelopment potential. Bids are due December 5, 2024. For complete details, visit myips.org/real-estate/.
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John Marshall High School High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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