15703 In-23Granger, IN 46530

Property Details for 15703 In-23

Lot size

1.88 AC

Property type

Other commercial real estate

Property subtype

Other 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.

Location Insight

City

Granger

County

St. Joseph

State

Indiana

Latitude

41.7271

Longitude

-86.1713

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