7510 82Nd StIndianapolis, IN 46256

Property Details for 7510 82Nd St

Year built

1998

Construction

WOOD

Lot size

0.69 AC

Property size (Sq ft)

3,988 SF

Zone code

ZO01

Property type

Office properties

APN

49-02-23-120-002.000-400

APU

490223120002000400

Description

This newly renovated (2023) Class B office building offers two fully furnished executive suites, each 143 sq ft and accommodating up to four people. Located in the Castleton submarket at the intersection of E 82nd and Hague Rd, this two-story brick building boasts 3,988 total sq ft across seven suites. Amenities include ample coworking space, a full kitchen, 15 parking spaces, a conference room, 24/7 secure access, Wi-Fi, dedicated phone lines, and mailboxes—all included in rent. The property sits on 0.69 acres and benefits from high visibility, with an average daily traffic count of 36,053 vehicles on E 82nd Street and 153,642 on I-69. Convenient access to I-69 and I-465 provides excellent regional connectivity. Currently, 286 sq ft of space is vacant. The building is zoned C-1. This exceptional location offers proximity to numerous area amenities, making it an ideal choice for businesses seeking a modern, convenient, and well-connected workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $542,188

  6.5%

  $500,481

  7%

  $464,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $495,270

  Geo Method

  $495,270

• Alternative Use

  Use

  Valuation

  Residential

  $620,597

  Hospitality

  $568,463

  Educational

  $472,955

  Medical

  $489,220

  Retail

  $735,707

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.9057

Longitude

-86.0361

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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