Technical
Financial
Distress signals
Property profile

8801 38th St Indianapolis, IN 46226

OFF-MARKET
Strip malls
Property ID
US31-0301110
8,486 SF 1.68 ac lot Built 1968
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1968
Construction TYPE NOT SPECIFIED
Total area 8,486 SF
Lot 1.68 ac (73,268 SF)
APN 49-08-19-115-006.000-701
UPID US31-0301110

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Atm
  • Hotel & Motel Resort

Location

8801 38th St Indianapolis, IN 46226-6071
Indianapolis metro Census 360202 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2010
1 recorded transaction
2010
$650,000

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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