Commercial Land with Road
For Sale
$499,000
7530 US 31S, Indianapolis, IN 46227
Commercial Sale, Indianapolis, IN
Property SizeContact for details
Lot Size0.48 Acres
Days on Market457
Property Features for 7530 US 31S
General Information
Property type
Commercial Sale
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
Tax Annual Amount
2570
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) 946-5459
Added: Jul 17, 2025
Changed: Oct 1
Last Checked: Oct 16 at 1:06PM
MLS# 22051337
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.
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Investment Insights
Based on property information with market context.
This commercial land parcel is zoned C-1 and has 319 feet of frontage along US 31S. Natural gas is available, and water is supplied by a well.
US 31S carries a reported traffic count of 37,082 vehicles per day. A median opening is identified directly in front of 7620 US 31S.
US 31S carries a reported traffic count of 37,082 vehicles per day. A median opening is identified directly in front of 7620 US 31S.
Key Highlights
- 319 feet of frontage along US 31S
- Reported traffic count of 37,082 vehicles per day
- C‑1 zoning
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
452
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
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Market
Vacancy Rate% for Office in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Commercial land - C-1 zoning and natural gas availability support commercial land use.
Where is this commercial land 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: 319 feet of frontage along US 31S; Reported traffic count of 37,082 vehicles per day; C‑1 zoning
