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    15731 Sr 23 Hwy Granger, IN 46530

    For Sale
    $1,750,000

    Commercial Land - Granger, IN

    Lot size:
    3.03 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 15731 Sr 23 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    71-04-22-330-016.000-011
    Exterior features
    Fence, None
    Fencing
    Fenced
    Lot size
    3.03 Acres

    Building Details

    Architectural style
    Other

    Huckins Real Estate dba RE/MAX 100 (574) 255-5858 [email protected]

    Listing agent Dan Wiseman (574) 255-5858 License #RB14034081

    Listing date Oct 8, 2025

    MLS# 202540750 Listing URL

    Copyright © 2025 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.

    Overview

    Granger Commercial Land Opportunity

    This property presents a 3.03-acre development opportunity situated in Granger's retail corridor. While currently zoned Residential, it can be approved for Commercial use. The parcel is located adjacent to Heritage Square, Toscana Park, and the Grandview Lifestyle Center, offering visibility and access within the Mishawaka/Granger trade area. The location benefits from high traffic volume, with over 25,000 vehicles passing daily on SR 23 and more than 47,000 at the intersection of SR 23 and Gumwood. This site is suitable for retail, mixed-use, or commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Granger
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.171761
    Latitude
    41.726864

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    FAQs

    What type of property is this?
    Commercial land - 3+ acre commercial development opportunity in Granger's retail corridor.
    Where is this commercial land located?
    The property is located at 15731 Sr 23 Hwy 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: - Exceptional development opportunity in Granger's retail corridor.; - High traffic location with over 25,000 vehicles passing daily on SR 23.; - Easily approved for Commercial zoning despite current Residential zoning.
    (574) 255-5858
    Request Owner's contact information
    15731 Sr 23 Hwy Granger, IN 46530
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    Granger, IN 46530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15731 Sr 23 Hwy Granger, IN 46530
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