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    15362 In-23 Granger, IN 46530

    For Sale
    $1,050,000

    Prime Commercial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6.57-acre commercial land parcel in Granger, Indiana, presents a remarkable investment opportunity. Located at 15362 State Road 23, the property boasts 265 feet of frontage on a high-traffic road, ensuring maximum visibility and accessibility. Its strategic location offers convenient access to major highways and public transportation, placing it within easy reach of a thriving community. Nearby amenities include shopping centers, restaurants, and residential areas, creating a desirable environment for a variety of businesses. The land is fully serviced with electricity, water, and sewer connections, simplifying development. Zoning allows for diverse uses, including apartment or condo development, retail outlets, office buildings, mixed-use developments, hospitality projects, medical facilities, and entertainment venues. This prime location in a growing community with a strong economic outlook offers excellent investment potential and limitless possibilities for business expansion. The asking price is $1,050,000. Don't miss this chance to acquire a premier piece of commercial real estate in a high-growth area.

    Property Features for 15362 In-23

    General Information

    Property type
    Land

    HighLights

    • Excellent development opportunity for apartments, condos, retail, offices, mixed‑use, hospitality, medical, or entertainment uses.
    • High‑traffic location with strong visibility and customer reach in a growing community with a robust economy.
    • Flexible zoning allows diverse business opportunities.
    • Competitively priced with significant investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Granger
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1647625
    Latitude
    41.7292307

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Visibility
    Where is this land located?
    The property is located at 15362 In-23 Granger, IN.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Excellent development opportunity for apartments, condos, retail, offices, mixed-use, hospitality, medical, or entertainment uses.; High-traffic location with strong visibility and customer reach in a growing community with a robust economy.; Flexible zoning allows diverse business opportunities.
    (574) 284-2610
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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
    15362 In-23 Granger, IN 46530
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