Retail Outlot in High-Traffic
For Sale
Contact for pricing
512 W Cleveland Rd, Granger, IN 46530
Retail outlot in a high-traffic area near University Park Mall.
Lot Size0.78 Acres
Days on Market1051
Property Features for 512 W Cleveland Rd
General Information
Standard status
Active
Lot size
0.78 Acres
Property subtype
Land
Listing Agency:
NAI Cressy - Mishawaka
(574) 485-1501
Listed By:
John Mester · License #IN RB14043595
Source:
Crexi
Added: Sep 14, 2023
Changed: Jul 10
Last Checked: Jul 30 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cressy - Mishawaka
Investment Insights
Based on property information with market context.
This prominent retail outlot is situated in a high-traffic area. The parcel, approximately 0.78 acres, features over 250 feet of frontage on Cleveland Road (Indiana State Road 23). It is engineered and zoned to accommodate drive-through retailers. The property is part of the new CAP Storage development slated for construction later this year. Facing University Park Mall, the largest regional mall in Northern Indiana, the site is located at a lighted intersection with a traffic volume exceeding 29,079 cars per day. It is located on the North side of Cleveland Road, just West of Grape Road. The property is part of The University Park Trade Area (UPTA), a dominant retail market in northern Indiana and southwestern Michigan. Situated across the street from the 1 million square foot University Park Mall, the property is surrounded within 3 square miles by nearly 3 million square feet of other successful ancillary retail space, which generated from the construction of UP mall in 1979, and continues to grow presently. The UPTA, with nearly 4 million square feet of retail, is the second largest retail trade area in all of Indiana.
Key Highlights
- High traffic location with over 29,079 cars per day at a lighted intersection.
- Located in the University Park Trade Area (UPTA), the second largest retail trade area in Indiana.
- Zoned and engineered to accommodate drive‑through retailers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
737
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 - Retail outlot in a high-traffic area near University Park Mall.
Where is this commercial land located?
The property is located at 512 W Cleveland Rd Granger, IN.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: High traffic location with over 29,079 cars per day at a lighted intersection.; Located in the University Park Trade Area (UPTA), the second largest retail trade area in Indiana.; Zoned and engineered to accommodate drive‑through retailers.
