High-Visibility Development
For Sale
$1,750,000
15731 SR 23 Highway, Granger, IN 46530
LAND - Granger, IN
Lot Size3.03 Acres
Days on Market301
Property Features for 15731 SR 23 Highway
General Information
Property type
Land
Property subtype
Other
Fencing
Chain Link
Lot features
Partially Wooded, 3-5.9999, Suburb
Elementary school
Prairie Vista
Middle school
Schmucker
High school
Penn
Elementary school district
Penn-Harris-Madison School Corp.
Middle school district
Penn-Harris-Madison School Corp.
High school district
Penn-Harris-Madison School Corp.
Directions
SR 23, just east of Heritage Square on north side
Subdivision
St. Joseph County
Standard status
Active
APN
71-04-22-330-016.000-011
Lot size
3.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 23 24 & 25 EASTLAKE SUB PRO EX S PT FOR STREET 2.859 AC+- 08/09 SPLIT TO STATE FOR STREET 10750JDG 1-9-08
Tax Annual Amount
2151
Legal Description
LOTS 23 24 & 25 EASTLAKE SUB PRO EX S PT FOR STREET 2.859 AC+- 08/09 SPLIT TO STATE FOR STREET 10750JDG 1-9-08
Listing Agency:
RE/MAX 100 · RE/MAX International
(574) 255-5858
Listed By:
Dan Wiseman · License #RB14034081
(574) 971-7302
Added: Oct 6, 2025
Changed: Jul 6
Last Checked: Aug 2 at 8:06PM
MLS# 202540750
Copyright © 2026 Greater South Bend-Mishawaka Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a 3.03-acre development parcel on SR 23 in Granger, Indiana. According to the listing, the property is currently zoned Residential. The remarks indicate commercial use may be pursued through the approval process, making this tract a potential fit for developers evaluating site flexibility.
The location places the land within Granger’s retail corridor and directly adjacent to Heritage Square, Toscana Park, and the Grandview Lifestyle Center. Visibility is a key attribute cited by the listing, with more than 25,000 vehicles passing daily on SR 23 and more than 47,000 vehicles at the nearby SR 23 and Gumwood intersection.
For tenants, buyers, and operators, this property’s size and frontage on a major roadway can support commercial development concepts that benefit from sustained retail exposure and convenient access from SR 23. Prospective purchasers should evaluate zoning requirements and the approval pathway for the intended commercial or mixed-use plan, given the parcel’s current Residential zoning.
The location places the land within Granger’s retail corridor and directly adjacent to Heritage Square, Toscana Park, and the Grandview Lifestyle Center. Visibility is a key attribute cited by the listing, with more than 25,000 vehicles passing daily on SR 23 and more than 47,000 vehicles at the nearby SR 23 and Gumwood intersection.
For tenants, buyers, and operators, this property’s size and frontage on a major roadway can support commercial development concepts that benefit from sustained retail exposure and convenient access from SR 23. Prospective purchasers should evaluate zoning requirements and the approval pathway for the intended commercial or mixed-use plan, given the parcel’s current Residential zoning.
Key Highlights
- 3+ acre parcel in Granger’s retail corridor, currently fenced with chain link
- Currently zoned Residential, with potential for Commercial approval
- Located adjacent to Heritage Square, Toscana Park, and Grandview Lifestyle Center
Property Analytics
Property Profile
Current Use
Lease Details
47,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Explore this area
Business Placement
Demographics for 46530, IN
31,805
Population
11,939
Households
2.7
Avg Household Size
41
Median Age
54%
College-Educated
97%
High-School Grad
24.3 sq mi
ZIP Area
1,309
Density / Sq Mi
$114,684
Median Household Income
$58,102
Median Earnings
$1,594
Median Rent
$316,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Over 3 acres on SR 23 in Granger with nearby retail centers and daily traffic counts, suited for commercial-minded development planning.
Where is this commercial land located?
The property is located at 15731 SR 23 Highway Granger, IN.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 3+ acre parcel in Granger’s retail corridor, currently fenced with chain link; Currently zoned Residential, with potential for Commercial approval; Located adjacent to Heritage Square, Toscana Park, and Grandview Lifestyle Center