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    Evergreen Rd Granger, IN 46530

    Sponsored
    For Sale
    $3,232,800

    Prime Commercial Land near Toll Road Exit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 17.96-acre commercial land parcel presents a unique investment opportunity in Granger, Indiana. Strategically located near Exit 83 of the Indiana Toll Road and Capital Avenue, this property boasts high visibility and convenient access. Its A-1 zoning allows for a variety of commercial uses, making it ideal for developers seeking a prime location with significant growth potential. The site's proximity to the University Park Trade Area and its mere 5-mile distance from the University of Notre Dame, a $2.5 billion annual economic driver, further enhances its value and attractiveness. The substantial lot size offers ample space for large-scale development projects, catering to a wide range of commercial ventures. With its strategic location, favorable zoning, and proximity to major transportation arteries and significant economic activity, this property represents a compelling investment opportunity for discerning buyers. The property's frontage on both the Indiana Toll Road and Capital Avenue ensures exceptional visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. This is a rare chance to acquire a significant land parcel in a thriving commercial area with strong potential for future appreciation. The asking price is $3,232,800.

    Property Features for 0 Evergreen Rd

    General Information

    Property type
    Land
    Lot Size
    782,338 SF

    HighLights

    • $3,232,800 asking price.
    • 17.96‑acre commercial land parcel.
    • A‑1 zoning.
    • Located near Exit 83 of the Indiana Toll Road and close to the University Park Trade Area.
    • Excellent frontage on the Indiana Toll Road and Capital Avenue.
    • Five miles from the University of Notre Dame.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Granger
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.146163707152
    Latitude
    41.729222994534

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land near Toll Road Exit
    Where is this land located?
    The property is located at Evergreen Rd Granger, IN.
    What is the asking price?
    The asking price for this property is $3,232,800.
    What are key features of this property?
    This property features: $3,232,800 asking price.; 17.96-acre commercial land parcel.; A-1 zoning.
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Evergreen Rd Granger, IN 46530
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