For Sale
$449,000

107 State Road 231 Crown Point, IN 46307

High-traffic retail land, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
127
This 1.95-acre commercial lot, located at 107 E. State Road 231 in Crown Point, Indiana (46307), presents a unique redevelopment opportunity. Zoned B-3 Highway Commercial, this property is perfectly situated for medical, professional office, or retail development. All utilities, including sewer and water, are readily available on-site. The property boasts 115 feet of frontage on State Road 231, a major thoroughfare with a 2022 INDOT traffic count of 14,903 vehicles per day. Its strategic location offers significant advantages, being just one mile from the proposed new Franciscan Health Hospital, a University of Saint Francis expansion, and a potential new Andrean High School location – a combined projected investment of $227 to $300 million. This prime parcel is offered at $449,000, translating to $219,024 per acre. The 2022-2023 property taxes were $284.04. The APN is 45-16-15-153-002.000-042. This is a high-visibility location with excellent potential for strong returns on investment. Don't miss this chance to capitalize on the growth in Crown Point, Lake County.

Highlights

  • Sale Price: $449,000
  • Price Per Square Foot: $5.03
  • Price Per Acre: $219,024
  • Lot Size: 2.05 Acres
  • Zoning: B-3
  • Annual Property Taxes: $257.10

Property Details for 107 State Road 231

Property type
Land
Lot Size (sq. ft)
84,942 SF

Location Insight

City
Crown Point
County
Lake
State
Indiana
Latitude
41.4030532
Longitude
-87.3385535
107 State Road 231, Crown Point, Indiana

FAQs

What type of property is this?
Land - High-traffic retail land, ideal for development.
Where is the land located?
The property is located at 107 State Road 231 Crown Point, IN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Sale Price: $449,000; Price Per Square Foot: $5.03; Price Per Acre: $219,024
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107 State Road 231
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