In total, the building area is listed as 85,383 square feet. The building itself has 85,383 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 501 Virginia Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Indianapolis area have a median price of $3,000. Those in the 25th percentile, have a price around $2,750. While those in the 75th percentile, have a price around $3,250. Typically, the buildings in this area have a median sqft of 1,300. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

• There are currently no studio listings being advertised in the area.
  
• There are currently no one bedroom listings being advertised in the area.
  
• There are currently a total of 2 two bedroom listings. The median price for these types of listings is $3,000. That's $2.33 price per sqft.


• There are currently no three bedroom listings being advertised in the area.
  
• There are currently no four bedroom listings being advertised in the area.

501 Virginia Avenue is located in Marion County, Indiana. There are 932,142 people living here. There are 365,472 households. Most of these households have an average family size of 3.31 people. According to the census, 46% are currently renting while 54% own their homes. The median age of this population is around 34.1 years old. On average, most folks in the county are unmarried. About 13% of folks speak a language other than English in this area. The area's employment rate is currently around 61.5%. Speaking of employment, the median income is $43,369. Most folks will commute by car for around 23.3 minutes. Finally, we know that 28% of residents in the area have graduated with their high school degree. Additionally, 19% and 10% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Indianapolis, IN Urban Area has a population of 1,561,350 people. Based on census records, there are 595,131 registered households. Families in this area are on average made up of 3.27 people per household. Most folks are unmarried. They are also typically around 35.1 years old. Does diversity matter to you? Right now, 11% of folks speak a language other than English here. About 38% rent while 62% purchased their homes. Right now, the community is made up of 26% of residents who have graduated with at least a high school degree. On top of that, 23% have a Bachelor's degree and 12% have a Master's degree. The employment rate is currently around 64%. Those employed, have a median income of $54,273. If you move here, you can expect to commute mostly by car for around 24.4 minutes.