Technical
Financial
Distress signals
Property profile

2705 38th St Indianapolis, IN 46218

OFF-MARKET
Grocery and convenience stores
Property ID
US31-0750343
3,048 SF 0.99 ac lot Built 1991
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1991
Construction WOOD
Total area 3,048 SF
Lot 0.99 ac (42,907 SF)
APN 49-07-20-105-061.000-101
UPID US31-0750343

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2705 38th St Indianapolis, IN 46218
Indianapolis metro Census 350500 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2019
6 recorded transactions
2019
$575
2017
Price N/A
2015
$1.1M
2005
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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