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Property profile & analytics

5285 38Th St Indianapolis, IN 46218

  • Retail space
  • 8,320 SF
  • 1.21 lot acres
Value Estimation
Last Sale
Jul 24, 2020
Location Intelligence
Property ID
US31-1037919
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Family Dollar / Dollar Store / Clothing Store

Property Details for 5285 38Th St

Year built
2016
Construction
TYPE NOT SPECIFIED
Lot size
1.21 lot acres
Property size
8,320 SF
Zone code
ZO01
Property type
Retail space
APN
49-07-22-110-229.000-701
APU
490722110229000701

Description

This exceptional 8,320-square-foot retail property, located at 5285 E 38th Street in Indianapolis, Indiana, presents a rare sublease opportunity. Previously occupied by a Family Dollar Store, this single-tenant building boasts high visibility and convenient access from East 38th Street. Its strategic location along the IndyGo bus line ensures excellent accessibility for customers. The property is zoned C-3, offering flexibility for a wide array of commercial uses beyond retail, making it an attractive investment for diverse businesses. The Marion County location, with APN 49-07-22-110-229.000-701, provides a strong foundation for growth and success. The building's size and prominent street frontage make it an ideal location for businesses seeking high foot traffic and brand visibility. This is a unique chance to acquire a well-situated property in a thriving Indianapolis neighborhood, offering significant potential for return on investment. The property's zip code is 46218. Serious inquiries are encouraged to explore this exciting opportunity.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.0797
Latitude
39.8251
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,360
$166,100
$651,600
$817,700
-
$166,100
$651,600
$817,700
More about this property
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