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Commercial Parcel Redevelopment Opportunity
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107 E State Road 231, Crown Point, IN 46307

Prime commercial land for redevelopment near major upcoming developments.

Property SizeContact for details
Days on Market167

Property Features for 107 E State Road 231

General Information

Standard status Active
Property subtype Land
Zoning B-3
Listing Agency: Commercial In-Sites LLC
Listed By: James Buchanan · License #IN RB14035409
Source: Crexi
Added: Mar 26 Changed: Sep 5 Last Checked: Sep 8 at 7:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial In-Sites LLC

Investment Insights

Based on property information with market context.

This commercial parcel is suitable for redevelopment. Zoned B-3 Highway Commercial, the site is suited for medical or professional offices, or retail development. All utilities, including sewer and water, are available to the site. The property is located approximately 1 mile east of the proposed new Franciscan Health Hospital, University of Saint Francis expansion, and a possible new location for Andrean High School. The expected investment for the hospital and expanded University is between $227 and $300 million, according to Franciscan officials. The 2022 INDOT traffic count on State Road 231 is 14,903 cars per day. The 2022 pay 2023 taxes are $284.04.

Key Highlights

  • Zoned B‑3 Highway Commercial, ideal for medical/professional office or retail development.
  • All utilities (sewer and water) are available to the site.
  • Located 1 mile east of proposed Franciscan Health Hospital and University of Saint Francis expansion.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Real Estate Agency Nail Salon Building Supply Daycare Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 46307, IN

69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
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 - Prime commercial land for redevelopment near major upcoming developments.
Where is this commercial land located?
The property is located at 107 E 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: Zoned B‑3 Highway Commercial, ideal for medical/professional office or retail development.; All utilities (sewer and water) are available to the site.; Located 1 mile east of proposed Franciscan Health Hospital and University of Saint Francis expansion.
(219) 794-4343 Call to check price and availability
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