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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 Market98

Property Features for 7423 E 82nd Street

General Information

Property type Commercial Sale
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
Tax Annual Amount 6016
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: Oct 8 Last Checked: Oct 14 at 11:06PM
MLS# 22107102

Copyright © 2026 Broker Listing Cooperative®. 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 occupies a 0.51-acre parcel and has a reception area, conference room, 2–3 offices, a break room, and storage. Forced-air heating, central air conditioning, and a shingle/asphalt roof serve the building. A monument sign is on site, with parking for 6 vehicles at the front and another 6–8 at the rear; the lot also has room for parking expansion.

The property has approximately 120 feet of frontage on East 82nd Street, where traffic is reported at about 44,000 vehicles per day. I-465 and I-69 provide regional access, and downtown Indianapolis and most northern and eastern suburbs are described as a 15–30-minute drive away.

Key Highlights

  • 0.51‑acre parcel with approximately 120 feet of frontage on East 82nd Street
  • Reported East 82nd Street traffic: approximately 44,000 vehicles per day
  • Front parking for 6 vehicles and rear parking for 6–8 vehicles; room to expand the lot

Property Analytics

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Current Use

Brandon Libunao - State ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Restaurant 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Interior space includes a reception area, conference room, private offices, break room, and storage.
Where is this office building 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: 0.51‑acre parcel with approximately 120 feet of frontage on East 82nd Street; Reported East 82nd Street traffic: approximately 44,000 vehicles per day; Front parking for 6 vehicles and rear parking for 6–8 vehicles; room to expand the lot
More about this property
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