3701 Shadeland AveIndianapolis, IN 46226

  • Other commercial real estate
  • 22,500 SF
For Lease

Property Details for 3701 Shadeland Ave

Year built
1960
Construction
TYPE NOT SPECIFIED
Lot size
1.17 AC
Property size (Sq ft)
22,500 SF
Zone code
ZO01
Property type
Other commercial real estate
APN
49-07-24-123-028.000-700
APU
490724123028000700

Description

This exceptional retail space, located at 3701 Shadeland Ave., Indianapolis, IN 46226, offers 1,100 square feet of versatile flex space within a larger 22,750 square foot building. The property is classified as Class C and features a single building situated at the busy intersection of Shadeland Ave. and 38th St. in Marion County. Currently, one unit is available for lease, and it has recently undergone a complete white-boxing, providing a blank canvas for tenant improvements. The space is ideal for a variety of retail or flex uses. Lease terms are negotiable. This prime location boasts excellent visibility, with over 19,000 cars passing daily. The property's strategic location offers easy access to major transportation arteries, being only two miles from the I-465 and I-70 interchange, ensuring convenient access for both employees and customers. This presents a unique opportunity to establish a business in a high-traffic area with significant potential for growth. The property is part of a multi-tenant retail center with automotive-related uses.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,803,229
    Hospitality
    $3,483,738
    Educational
    $2,898,429
    Medical
    $2,998,110
    Retail
    $4,508,667
3701 Shadeland Ave, Indianapolis, Indiana
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Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8232
Longitude
-86.045
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
$5,010
$77,000
$97,400
$174,400
-
$77,000
$97,400
$174,400

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