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Commercial Development Land Parcel
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
Listed By: Dan Wiseman · License #RB14034081
Added: Oct 6, 2025 Changed: Jul 6 Last Checked: Aug 2 at 7:06PM
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.

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

Current Use

Commercial land

Lease Details

25,000 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 - 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
More about this property
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