Office Building with Lighted Pylon
For Sale
$499,000
7620 Us 31s, Indianapolis, IN 46227
Commercial Sale, Indianapolis, IN
Property SizeContact for details
Lot Size0.41 Acres
Days on Market457
Property Features for 7620 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
491413126013000500
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
100Ft W/L Rd 31 200Ft N/L Beg 105Ft S Of N/Le1/2 Se1/4 S13 T14 R3 0.409Ac
Tax Annual Amount
7148
Legal Description
100Ft W/L Rd 31 200Ft N/L Beg 105Ft S Of N/Le1/2 Se1/4 S13 T14 R3 0.409Ac
Utilities
Cooling system
Central Air
Amenities
25' Tall lighted pylon sign
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 9:06AM
MLS# 22051357
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property was built in 1952 and has central air conditioning. A lighted pylon sign stands on the site.
The parcel contains 0.41 acres and carries C-1 zoning.
The parcel contains 0.41 acres and carries C-1 zoning.
Key Highlights
- 25‑foot lighted pylon sign
- 0.41‑acre parcel
- C‑1 zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
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
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
Frequently Asked Questions
What type of property is this?
Office building - Central air serves the property, which is zoned C-1.
Where is this office building located?
The property is located at 7620 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: 25‑foot lighted pylon sign; 0.41‑acre parcel; C‑1 zoning
