Commercial 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, House
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 6:06PM
MLS# 202543739
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 3.03-acre commercial land parcel is located at 15731 SR 23 Highway and is currently zoned Residential. The property is being marketed as a development opportunity for commercial uses, with the stated aim of serving the surrounding retail corridor.
The site is positioned adjacent to Heritage Square, Toscana Park, and Grandview Lifestyle Center, placing it within a concentrated shopping and lifestyle area. Visibility and vehicular access are emphasized due to traffic passing on SR 23, including an indicated volume of over 25,000 vehicles daily on SR 23 and more than 47,000 at the nearby SR 23 and Gumwood intersection.
For developers and investors seeking a sizable infill tract in an active retail trade area, this parcel offers a straightforward starting point for a commercial concept. Its scale and location near established retail centers can support planning for retail, mixed-use, or other commercial development, subject to applicable approvals and permitting.
The site is positioned adjacent to Heritage Square, Toscana Park, and Grandview Lifestyle Center, placing it within a concentrated shopping and lifestyle area. Visibility and vehicular access are emphasized due to traffic passing on SR 23, including an indicated volume of over 25,000 vehicles daily on SR 23 and more than 47,000 at the nearby SR 23 and Gumwood intersection.
For developers and investors seeking a sizable infill tract in an active retail trade area, this parcel offers a straightforward starting point for a commercial concept. Its scale and location near established retail centers can support planning for retail, mixed-use, or other commercial development, subject to applicable approvals and permitting.
Key Highlights
- 3+ acre parcel in Granger’s retail corridor, adjacent to Heritage Square, Toscana Park, and Grandview Lifestyle Center
- Currently zoned Residential; approval for Commercial use is stated as easily approved
- Chain‑link fencing on the property
Property Analytics
Property Profile
Current Use
Lease Details
25,000 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 - 3.03-acre parcel along SR 23 suited for retail or mixed-use development, with current Residential zoning.
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, adjacent to Heritage Square, Toscana Park, and Grandview Lifestyle Center; Currently zoned Residential; approval for Commercial use is stated as easily approved; Chain‑link fencing on the property
