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    7520 Washington St Indianapolis, IN 46219

    For Sale
    Contact for pricing

    Freestanding building, 3,958 SF, ample parking.

    Property size:
    3,958 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional freestanding retail property, located at 7520 E Washington St in Indianapolis, Indiana, presents a compelling investment opportunity. Boasting 3,958 square feet of space, the single-story building was constructed in 1972 and sits on a 0.91-acre lot. The property is zoned C5 Commercial, allowing for a variety of retail uses. Ample parking is available with 40 spaces, providing a convenient 10.11 parking ratio per 1,000 square feet. The building features air conditioning and prominent signage opportunities. The property's parcel number is 49-10-01-113-114.000-700. Its strategic location in Indianapolis, within Marion County, and its convenient access make it an ideal location for a variety of retail businesses. The property's size, parking, and zoning make it a highly attractive option for entrepreneurs and investors seeking a well-established retail space in a thriving market. This is a rare opportunity to acquire a well-maintained, freestanding retail building in a desirable location.

    Property Features for 7520 Washington St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,958 SF
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1972
    Stories
    1

    HighLights

    • 3,958 SF freestanding retail building in Indianapolis, IN.
    • Located on a 0.91‑acre lot with 40 parking spaces (10.11 parking ratio).
    • Built in 1972, single‑story structure.
    • C5 Commercial zoning.
    • Features include air conditioning and signage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bishop Automotive Services Auto Repair Shop Busted Knuckle Automotive ... Auto Repair Shop

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.03519241921
    Latitude
    39.773013458452

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding building, 3,958 SF, ample parking.
    Where is this individual retail property located?
    The property is located at 7520 Washington St Indianapolis, IN.
    What are key features of this property?
    This property features: 3,958 SF freestanding retail building in Indianapolis, IN.; Located on a 0.91-acre lot with 40 parking spaces (10.11 parking ratio).; Built in 1972, single-story structure.
    Request Owner's contact information
    7520 Washington St Indianapolis, IN 46219
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    Indianapolis, IN 46219
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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
    7520 Washington St Indianapolis, IN 46219
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