Office Building with Major
For Sale
$499,000
7530 US 31S, Indianapolis, IN 46227
SINGLE_FAMILY - Indianapolis, IN
Property SizeContact for details
Lot Size0.48 Acres
Days on Market389
Property Features for 7530 US 31S
General Information
Property type
Residential
Property subtype
Office
Zoning
C-1
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Subdivision
4907 - Marion - Perry
Standard status
Active
APN
491413126014000500
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Beg Inters Of Rd 31 & Nl E1/2 Se1/4 S13 T14 R3 S105' W 200' N 105' E 200' To Beg 0.482Acres
Legal Description
Beg Inters Of Rd 31 & Nl E1/2 Se1/4 S13 T14 R3 S105' W 200' N 105' E 200' To Beg 0.482Acres
Utilities
Utilities
Natural Gas Available
Water source
Well
Building Details
Year built
1952
Listing Agency:
Indiana Real Estate Group, LLC · HomeSmart International
(317) 889-9999
Listed By:
Phillip Hawkins · License #RB14037719
(317) 889-9999
Added: Jul 17, 2025
Changed: Jun 16
Last Checked: Aug 9 at 8:06PM
MLS# 22051337
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 offering is for an office building site with a single, straightforward lot configuration. The property is listed with approximately 0.482 acres and features 319 feet of frontage on US 31S, with a median cut directly in front of the site. Zoning is C-1.
The location benefits from a prominent drive approach created by the median cut, supporting direct access along US 31S. Public records also indicate a traffic count of 37,082 vehicles per day.
The C-1 zoning and direct frontage/access make the site worth considering for office users seeking visibility and convenient roadway access. The seller also indicates a preference to sell this property together with MLS #22051357, which should be reviewed alongside any interest in the standalone parcel.
The location benefits from a prominent drive approach created by the median cut, supporting direct access along US 31S. Public records also indicate a traffic count of 37,082 vehicles per day.
The C-1 zoning and direct frontage/access make the site worth considering for office users seeking visibility and convenient roadway access. The seller also indicates a preference to sell this property together with MLS #22051357, which should be reviewed alongside any interest in the standalone parcel.
Key Highlights
- 1.5‑acre +/- parcel with 319 ft frontage on US 31
- Traffic count of 37,082 vehicles per day per public remarks
- Median cut directly in front of 7620 US 31S
Property Analytics
Property Profile
Current Use
Lease Details
37,082 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
Market
Vacancy Rate% for Office in Indianapolis, IN
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 building - Office building site with substantial roadway frontage and median cut access on US 31S in Indianapolis.
Where is this office building located?
The property is located at 7530 US 31S Indianapolis, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1.5‑acre +/- parcel with 319 ft frontage on US 31; Traffic count of 37,082 vehicles per day per public remarks; Median cut directly in front of 7620 US 31S
