Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5417 38th St Indianapolis, IN 46218-1820

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5417 38th St Indianapolis, IN 46218-1820


    • Strip malls
    • 12,720 SF
    • 1.09 lot acres
    Off-Market
    Last Sale Sep 15, 2023
    Property ID
    US31-0544448
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pretty Trappie Nails / Nail Salon
    • Natural Yet Relaxed Braiding Beauty Bar / Hair Salon
    • Nya Braiding Beauty Bar / Hair Salon / Nail Salon
    • Lcutz_317 / Barber Shop

    Property Details for 5417 38th St

    Year built
    1968
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.09 lot acres
    Property size
    12,720 SF
    Zone code
    ZO01
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    49-10-03-216-017.000-701
    APU
    491003216017000701

    Description

    This exceptional retail opportunity presents a 4,000 square foot shopping center ideally situated at the corner of E. 38th St. and E. Whittier Place in Indianapolis, Indiana. The property, a Class C building constructed in 1968 and extensively renovated in 2014, offers two available suites. Each suite is divisible, with a minimum leasable area of 2,800 square feet and a maximum contiguous space of 1,200 square feet. Currently, the entire 4,000 square feet is vacant, presenting a unique chance for a single tenant or multiple occupants. The property boasts ample parking, a significant advantage for customers and employees. Its strategic location directly across the street from the Indianapolis Public Library on 38th Street ensures high visibility and foot traffic. Furthermore, its proximity to the Indianapolis International Airport (approximately 20 miles) adds to its appeal. Lease rates and terms are negotiable, making this a highly adaptable space for a variety of retail businesses. The property is located in Marion County, Indiana, with the address being 5417 E. 38th St., Indianapolis, IN 46218.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0756
    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
    $5,436
    $83,600
    $115,200
    $198,800
    -
    $83,600
    $115,200
    $198,800
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message