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    15199 Cleveland Rd Granger, IN 46530

    For Sale
    $1,550,000

    Prime Granger land, investment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 11.14-acre parcel is ideally situated on Cleveland Road in Granger, Indiana, offering significant development or investment opportunities. The property's central location provides unparalleled access to key amenities and infrastructure. It's just one mile from the Indiana Toll Road, ensuring convenient regional connectivity. City utilities are readily available, simplifying development plans. While currently zoned residential and located in St. Joseph County, annexation into the city is a possibility. The property boasts excellent proximity to numerous key locations, including the Heritage Square Shopping Center (half a mile), Beacon Health Systems (one mile), Costco (one mile), University Park Mall and the Grape Rd./Main St. Shopping District (two miles), St. Joseph Regional Medical Center (two miles), and the University of Notre Dame (five miles). This prime location within a high-growth sector makes it an attractive proposition for various residential projects. The 2022 property taxes were $2,478.88. The asking price for this substantial land holding is $1,550,000. Don't miss this chance to acquire a significant piece of Granger real estate with immense potential.

    Property Features for 15199 Cleveland Rd

    General Information

    Property type
    Land
    Lot Size
    485,258 SF

    HighLights

    • 11.14‑acre parcel in Granger, IN, on Cleveland Road, asking $1,550,000.
    • One mile from Indiana Toll Road, excellent regional access.
    • City utilities available.
    • Near Heritage Square, Beacon Health, Costco, University Park Mall, St. Joseph Regional Medical Center, and Notre Dame.
    • Currently residentially zoned in St. Joseph County, annexation possible.
    • 2022 property taxes: $2,478.88.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Granger
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.161981
    Latitude
    41.724196

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    FAQs

    What type of property is this?
    Land - Prime Granger land, investment potential.
    Where is this land located?
    The property is located at 15199 Cleveland Rd Granger, IN.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 11.14-acre parcel in Granger, IN, on Cleveland Road, asking $1,550,000.; One mile from Indiana Toll Road, excellent regional access.; City utilities available.
    (574) 243-9522
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    15199 Cleveland Rd 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

    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
    15199 Cleveland Rd Granger, IN 46530
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