512 Cleveland Rd Granger, IN 46530

Property Details for 512 Cleveland Rd

Year built

1982

Construction

WOOD

Lot size

2.31 lot acres

Property size

10,901 SF

Property type

Turn key restaurants

APN

71-04-21-376-015.000-005

APU

710421376015000005

Description

This exceptional 0.78-acre commercial land parcel, located at 512 W Cleveland Road in Granger, Indiana (zip code 46530), presents a prime opportunity for retail development. Zoned PUD and engineered for drive-through businesses, this outlot boasts over 250 feet of frontage on Cleveland Road (Indiana State Road 23), a high-traffic artery with over 29,079 vehicles passing daily. Its strategic location within the University Park Trade Area (UPTA), one of Northern Indiana's most dominant retail markets, offers unparalleled visibility and accessibility. The property enjoys a prominent position across from the 1 million-square-foot University Park Mall, the largest regional mall in Northern Indiana, and is surrounded by nearly 3 million square feet of successful ancillary retail space, solidifying its place within a thriving retail ecosystem. The UPTA, encompassing nearly 4 million square feet of retail, ranks as the second largest retail trade area in Indiana. This outlot is part of the new CAP Storage development, slated for construction later this year, further enhancing its appeal and potential for significant return on investment. The lighted intersection provides excellent visibility, making it ideal for quick-service restaurants (QSRs) and other businesses requiring high traffic exposure. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing market. The asking price is $690,000.

Location Insight

City

Granger

County

St. Joseph

State

Indiana

Longitude

-86.1896

Latitude

41.7242

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments