Property profile

5050 38th St Indianapolis, IN 46254

OFF-MARKET
Automotive properties
Property ID
US31-1070308
183,000 SF 5.1 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1973
Total area 183,000 SF
Lot 5.1 ac (222,144 SF)
Zoning code ZO01
APN 49-06-18-100-058.000-674
UPID US31-1070308

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Barber Shop
  • Barber Shop
  • Grocery & Convenience Store Food Market
  • Hair Salon Nail Salon
  • Car Dealership

Location

5050 38th St Indianapolis, IN 46254-3302
Indianapolis metro Census 310306 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.42M
Blend (final) Blend
$415k

Owner & transaction history

Zoning & alternative use

ZO01 · Indianapolis, IN

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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