Property profile

12555 In-23 Granger, IN 46530

OFF-MARKET
Office Spaces
8,643 SF 0.91 ac lot Built 1991
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 8,643-square-foot medical office building presents a unique investment opportunity in Granger, Indiana. Situated on a 0.91-acre lot at 12555 IN-23, this two-story building boasts a prime location within a high-demographic trade area, surrounded by established residential neighborhoods and national/local retailers. Built in 1991, the property features a desirable masonry exterior with attractive landscaping and ample on-site parking. The interior showcases Class A finishes throughout, including a welcoming reception area, retail space, multiple private exam rooms, well-appointed business offices, and convenient restrooms. The adaptable floor plan offers flexibility for a variety of medical or professional uses. The building is fully climate-controlled (100% heated and air-conditioned). Its strategic location provides easy access to the surrounding community, with convenient proximity to Michigan, I-80/90 Toll Road, and the Capital Avenue extension. The high visibility location on SR 23 benefits from an average daily traffic count of 15,608 vehicles. The property is zoned for business use and has an APN of 71-05-07-381-003.000-011. This is a single-tenant property offering a strong foundation for immediate occupancy or future development.

Property profile

Verified
Property type Office Spaces
Year built 1991
Total area 8,643 SF
Lot 0.91 ac (39,640 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12555 In-23 Granger, IN 46530
Granger metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12555 In-23?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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