0 Evergreen Rd Granger, IN 46530
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.