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Office Building with Monument Sign
For Sale
$575,000

7423 E 82nd Street, Indianapolis, IN 46256

SINGLE_FAMILY - Indianapolis, IN

Property SizeContact for details
Lot Size0.51 Acres
Days on Market26

Property Features for 7423 E 82nd Street

General Information

Property type Residential
Property subtype Office
Zoning ZO01
Elementary school district MSD Lawrence Township
Middle school district MSD Lawrence Township
High school district MSD Lawrence Township
Directions GPS Friendly
Subdivision 4904 - Marion - Lawrence
Standard status Active
APN 490223118007000400
Lot size 0.51 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt Ne1/4 Se1/4 S23 T17 R4 Beg 1124.75' W & 55' S Ofne Cor S 190' W 116.23' N 190' E 116.23' To Beg.507Ac
Legal Description Pt Ne1/4 Se1/4 S23 T17 R4 Beg 1124.75' W & 55' S Ofne Cor S 190' W 116.23' N 190' E 116.23' To Beg.507Ac

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 1
Roof type Shingle, Asphalt
Listing Agency: Encore Sotheby's International · Sotheby's International Realty
Listed By: Robbin Edwards · License #RB14051259
Added: Jul 9 Changed: Jul 12 Last Checked: Aug 3 at 10:06PM
MLS# 22107102

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale office building includes interior space designed for client-facing and team use, with a reception area, conference room, 2–3 offices, a break room, and ample storage. Parking is available in the front (6 spaces) with additional spaces in the rear (6–8), and there is room to expand the parking lot.

The property is positioned with approximately 120 feet of frontage along East 82nd Street, supported by a monument sign. Public remarks also note high traffic counts for the corridor (approximately 44,000 vehicles per day) and convenient access to I-465 and I-69.

Zoning is described in the public remarks as C-1 (Neighborhood Commercial), which allows for a broad range of professional office and neighborhood commercial uses, including insurance, legal, accounting, financial services, real estate, medical or dental offices, counseling, personal services, boutique retail, and other compatible commercial uses. The property sits on a 0.51-acre lot in the Castleton trade area.

Key Highlights

  • Approx. 120 ft frontage on high‑traffic E 82nd St (~44,000 vehicles/day) with monument sign
  • 6 parking spaces in front plus additional 6–8 spaces in the rear and room to expand the parking lot
  • Interior layout includes reception area, conference room, 2–3 offices, break room, and ample storage

Property Analytics

Current Use

Brandon Libunao - State ... Insurance Agency

Suggested Use

Top Pick Restaurant Real Estate Agency Parking Lot & Garage Law Firm Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 46256, IN

22,598
Population
10,118
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
2,036
Density / Sq Mi
$86,529
Median Household Income
$55,021
Median Earnings
$1,136
Median Rent
$277,800
Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office building with reception area, conference room, multiple offices, and dedicated front parking plus rear overflow.
Where is this office units located?
The property is located at 7423 E 82nd Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Approx. 120 ft frontage on high‑traffic E 82nd St (~44,000 vehicles/day) with monument sign; 6 parking spaces in front plus additional 6–8 spaces in the rear and room to expand the parking lot; Interior layout includes reception area, conference room, 2–3 offices, break room, and ample storage
More about this property
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