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Property profile

7565 Us 31 S Indianapolis, IN 46227

FOR LEASE
Strip malls
Property ID
US31-0994115
84,966 SF 6.5 ac lot Built 1999
Last sale Dec 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Southport Plaza offers a prime retail opportunity in Indianapolis, Indiana, with 6,400 square feet of vacant space. This multi-tenant shopping center is strategically located at 7565 US 31 S, in Marion County, zip code 46227, providing excellent visibility and accessibility. The property boasts multiple access points to both US 31 and Shelby Street, ensuring high traffic flow. This location benefits from a strong trade area encompassing Southport, Greenwood, and Indianapolis, drawing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$175k
Tax billed · 2023
Assessed value$6.27M
Assessed land$2.67M
Assessed improvement$3.60M
Effective rate2.79%

Value estimate

· Oct 2026
$1.55M
$1.40M – $1.71M
NOI build-up
Gross scheduled income$141k
Vacancy & credit loss−$10k
Operating expenses−$39k
NOI · 764,091.67% cap applied$92k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
764,091.67%
$92k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.1
Building Supply25.4
Wholesale Shop22.2

Location

7565 Us 31 S Indianapolis, IN 46227
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3633 Keystone, Indianapolis, IN 46227-3507 $950,000 Sep 2020 9,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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