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Office Building with Monument Sign
For Sale
$575,000

7423 E 82nd Street, Indianapolis, IN 46256

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size0.51 Acres
Days on Market47

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 Asphalt, Shingle
Listing Agency: Encore Sotheby's International · Sotheby's International Realty
Listed By: Robbin Edwards · License #RB14051259
Added: Jul 9 Changed: Aug 20 Last Checked: Aug 24 at 2:06PM
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 office property includes a reception area, conference room, two to three offices, a break room, and substantial storage. Building systems include central air conditioning and forced-air heating, while the roof is asphalt shingle. The 0.51-acre site includes parking at both the front and rear, with additional room for lot expansion.

Approximately 120 feet of frontage along East 82nd Street is paired with a monument sign and reported traffic of about 44,000 vehicles per day. The property is in the Castleton area of Indianapolis, near retail, medical, professional office, restaurant, and service-oriented businesses. Access to I-465 and I-69 supports connections to downtown Indianapolis and northern and eastern suburbs within the stated 15- to 30-minute drive range.

The property is positioned for professional office and neighborhood commercial uses identified in the source information, including insurance, legal, accounting, financial services, real estate, medical, dental, counseling, personal service, and boutique retail operations.

Key Highlights

  • Approximately 120 feet of frontage along East 82nd Street
  • Reported traffic of ~44,000 vehicles per day
  • 6 front parking spaces plus an additional 6‑8 spaces at the rear

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,620
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 - Configured for reception, meetings, private offices, employee amenities, and storage, with central air and forced-air heating.
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: Approximately 120 feet of frontage along East 82nd Street; Reported traffic of ~44,000 vehicles per day; 6 front parking spaces plus an additional 6‑8 spaces at the rear
More about this property
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