15703 In-23 Granger, IN 46530
- Land
- 1.88 lot acres
Current Use by Public Records
- Land
Property Details for 15703 In-23
- Lot size
- 1.88 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Granger, Indiana. Strategically located along SR-23, this property boasts high visibility and accessibility, situated adjacent to and shadow anchored by established retail centers including Heritage Square, Toscana Park, and Grandview Lifestyle Centers in the rapidly growing Mishawaka/Granger up-mall retail trade area. The property consists of three parcels, offering flexibility for various development scenarios. Individual lot sizes range from 1.88 to 6.83 acres, with the possibility of combining parcels for a total of 6.83 acres. Each lot is priced at $650,000 per acre. Lot A encompasses 1.88 acres and is priced at $1,222,000. Lot B comprises 3.03 acres, priced at $1,969,500. Lot C offers 1.92 acres, priced at $1,248,000. The high traffic count of 25,002 ADT on SR-23, and over 47,000 ADT at the nearby intersection of SR-23 and Gumwood, ensures significant exposure for any development. This prime location offers unparalleled potential for a variety of commercial ventures, capitalizing on the area's robust growth and strong retail presence. The property is located in St. Joseph County, with addresses at 15703 IN-23, 15731 SR-23, and 15857 SR-23, all within the 46530 zip code.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Granger
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.1713
- Latitude
- 41.7271
