Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    52590 Evergreen Rd Granger, IN 46530

    For Sale
    $2,685,600

    14.92 acres, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 14.92-acre commercial land parcel presents a unique investment opportunity in Granger, Indiana. Strategically located near Exit 83 of the Indiana Toll Road, this A-1 zoned property boasts significant frontage on Capital Avenue and the Toll Road exit. Its proximity to the University Park Trade Area and only five miles from the University of Notre Dame, which generates an annual economic impact of $2.5 billion, makes it an ideal site for a variety of commercial developments. The substantial lot size offers ample space for large-scale projects, benefiting from high visibility and convenient access to major transportation routes. The A-1 zoning provides flexibility for a range of commercial uses, making this property a compelling investment for developers seeking a high-impact location with strong growth potential in a thriving community. The address is 52590 Evergreen Rd, Granger, IN 46530, within St. Joseph County. The asking price for this significant land holding is $2,685,600.

    Property Features for 52590 Evergreen Rd

    General Information

    Property type
    Land
    Lot Size
    649,915 SF

    HighLights

    • $2,685,600 asking price.
    • 14.92‑acre commercial land parcel.
    • A‑1 zoning.
    • Located near Exit 83 of the Indiana Toll Road and the University Park Trade Area.
    • 5 miles from the University of Notre Dame.
    • Frontage on Capital Avenue and Toll Road Exit 83.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Granger
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.14934074487
    Latitude
    41.734178425474

    Nearby Similar for Sale

    • $2,805,000
      14,422 SF

      Fully Occupied Retail Center For Sale

      Fully leased retail center with long-term tenants and annual rent increases.
      12479 Adams Rd, Granger, IN 46530
      View Details
    • $399,900

      Granger Villa in Farmington Commons

      Charming villa with updates in desirable Farmington Commons neighborhood.
      17610 Stoneham Way, Granger, IN 46530
      View Details
    • $399,900

      Updated Villa with Three-Car Garage

      Granger villa featuring updates, finished basement, and three-car garage.
      51291 Pembridge Ct, Granger, IN 46530
      View Details
    • $359,900

      Updated Condo in Granger

      Modern condo with updates, flexible space, and maintenance-free living.
      17612 Innisbrook Ln, Granger, IN 46530
      View Details
    • $349,000
      1,715 SF

      Commercial Office Space For Sale

      Commercial office space in Granger, great potential, wonderful location.
      50960 Herbert St, Granger, IN 46530
      View Details
    • $1,109,350
      8,268 SF

      Granger Office Building For Sale

      8,268 SF office building in Granger, Indiana.
      51565 Bittersweet Rd, Granger, IN 46530
      View Details

    FAQs

    What type of property is this?
    Land - 14.92 acres, prime commercial location.
    Where is this land located?
    The property is located at 52590 Evergreen Rd Granger, IN.
    What is the asking price?
    The asking price for this property is $2,685,600.
    What are key features of this property?
    This property features: $2,685,600 asking price.; 14.92-acre commercial land parcel.; A-1 zoning.
    Request Owner's contact information
    52590 Evergreen Rd Granger, IN 46530
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    52590 Evergreen Rd
    Granger, IN 46530
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    52590 Evergreen Rd Granger, IN 46530
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.