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15703 In-23Granger, IN 46530

Prime development land, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional commercial land offering presents a unique investment opportunity in Granger, Indiana. Strategically located along SR-23, this property boasts high visibility and accessibility, situated adjacent to and shadow anchored by established retail centers including Heritage Square, Toscana Park, and Grandview Lifestyle Centers in the rapidly growing Mishawaka/Granger up-mall retail trade area. The property consists of three parcels, offering flexibility for various development scenarios. Individual lot sizes range from 1.88 to 6.83 acres, with the possibility of combining parcels for a total of 6.83 acres. Each lot is priced at $650,000 per acre. Lot A encompasses 1.88 acres and is priced at $1,222,000. Lot B comprises 3.03 acres, priced at $1,969,500. Lot C offers 1.92 acres, priced at $1,248,000. The high traffic count of 25,002 ADT on SR-23, and over 47,000 ADT at the nearby intersection of SR-23 and Gumwood, ensures significant exposure for any development. This prime location offers unparalleled potential for a variety of commercial ventures, capitalizing on the area's robust growth and strong retail presence. The property is located in St. Joseph County, with addresses at 15703 IN-23, 15731 SR-23, and 15857 SR-23, all within the 46530 zip code.

Highlights

  • Exceptional development opportunity near Heritage Square, Toscana Park, and Grandview Lifestyle Centers in Mishawaka/Granger's thriving retail corridor.
  • Up to 6.83 acres available through lot combination.
  • Lot A: $1,222,000 ($650,000/acre).
  • Lot B: $1,969,500 ($650,000/acre).
  • Lot C: $1,248,000 ($650,000/acre).
  • High traffic counts: 25,002 ADT on SR-23 and over 47,000 ADT at the SR-23/Gumwood intersection.

Property Details for 15703 In-23

Property type
Land
Lot Size (sq. ft)
81,893 SF

Location Insight

City
Granger
County
St. Joseph
State
Indiana
Latitude
41.7271075
Longitude
-86.1712617
15703 In-23, Granger, Indiana

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15703 In-23
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