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    7621-7815 Us 31 S Indianapolis, IN 46227

    For Lease
    Contact for pricing

    Commercial lease space with high visibility and easy access.

    Property size:
    1,785 SF
    Lot size:
    38.11 Acres

    Property Features for 7621-7815 Us 31 S

    General Information

    Size
    1,785 SF
    Lot size
    38.11 Acres

    Source: The Broadbent Company Agent Joe Kenney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Greenwood Mall

    This commercial lease space is located near Greenwood Park Mall on U.S. 31, a major north-south corridor. The property benefits from a location with excellent visibility to a high volume of shoppers daily and a signalized entrance. It draws from a market with more than 200,000 residents within a five-mile radius and features solid anchors and strong surrounding retail. The available space is 1785 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Greenwood Place Shopping Center, Greenwood Point, Quick-Tag, Southport Shops LLC, Madison Square Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.141379
    Latitude
    39.656197

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    FAQs

    What type of property is this?
    Shopping center - Commercial lease space with high visibility and easy access.
    Where is this shopping center located?
    The property is located at 7621-7815 Us 31 S Indianapolis, IN.
    What are key features of this property?
    This property features: - High visibility to a large volume of shoppers daily.; - Located on a major north-south corridor (U.S. 31) near Greenwood Park Mall.; - Access to a large market of over 200,000 residents within a five-mile radius.
    (317) 237-2900
    Request Owner's contact information
    7621-7815 Us 31 S Indianapolis, IN 46227
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    Indianapolis, IN 46227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7621-7815 Us 31 S Indianapolis, IN 46227
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