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High-Visibility Development Land
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
Listed By: Dan Wiseman · License #RB14034081
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.

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

Current Use

Commercial land

Lease Details

47,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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