Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

2710 62nd St Indianapolis, IN 46220-2958

  • Medical offices
  • 5,302 SF
  • 0.23 lot acres
OFF-MARKET
Value Estimation
$500,000
Last Sale
Aug 31, 2020
$550,000
Location Intelligence
Property ID
US31-0548178
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Taylor Hoffman / Optometrist
  • Dr. Gregory Norman / Optometrist
  • Norman Miller Eyecare / Optometrist / Optician
  • Dr. Ashley Giltner / Optometrist / Practitioner Service Location

Property Details for 2710 62nd St

Year built
1957
Construction
WOOD
Lot size
0.23 lot acres
Property size
5,302 SF
Property type
Medical offices
Property subtype
Medical centers
APN
49-02-31-122-021.000-800
APU
490231122021000800

Description

This exceptional two-story, 3,573 square foot Class B office building, located at 2710 E. 62nd St. in Indianapolis, Indiana, presents a compelling investment opportunity. Currently vacant with an occupancy date of May 23, 2024, this property boasts excellent visibility and signage directly on 62nd Street, across from the Glendale Town Center, which includes tenants such as IU Health, Walgreens, and Chick-fil-A. The building offers approximately 2,864 square feet above grade, with a split basement featuring approximately 567 square feet of finished space and 305 square feet of unfinished storage. Ample parking is available both in front and in the rear of the building. Previously occupied by Norman Miller Eyecare, this versatile space is suitable for a variety of medical or creative office uses. The asking price is $800,000, translating to $223.90 per square foot. Its prime location offers convenient access to a wide array of dining, shopping, and entertainment options, and its proximity to Broad Ripple Village and major city thoroughfares adds to its appeal. This property is ideal for investors seeking a thriving commercial hub in a highly sought-after area of Indianapolis. The building features natural light throughout and is zoned for office and medical uses. This is a rare opportunity to acquire a well-located, versatile property in a rapidly growing area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $430,000
  • CAP approach

    CAP return
    Estimation
    6%
    $585,000
    6.5%
    $530,000
    7%
    $555,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $495,000
    Geo Method
    $550,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $570,000
    Retail
    $565,000
    Mixed-Use
    $550,000
    Hospitality
    $575,000
    Educational
    $590,000
    Residential Income
    $585,000
    Energy
    $625,000
    Income-Based Land
    $500,000
    Food Service
    $525,000

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.1185
Latitude
39.869
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,645
$112,200
$386,000
$498,200
-
$112,200
$386,000
$498,200
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message