14154 Cleveland Rd, Granger, IN 46530-7370
This exceptional 18.89-acre commercial land parcel presents a remarkable investment opportunity in Granger, Indiana. Strategically located at the intersection of Cleveland Road and Capital Avenue, this property benefits from its position within the rapidly developing Capital Avenue corridor. Less than a mile from the I-80/90 Toll Road Interchange, this site enjoys unparalleled access and visibility. Its proximity to the future Gurley Leep Automotive Campus and the new 150-acre Juday Creek Business Park, which will include retail, multi-family, office, light medical, hotels, and big-box hospitality, ensures significant future growth and development potential. The property is also adjacent to the north of the Juday Creek Business Park. This location places the land within the expanding University Park Mall Retail Trade Area, the second busiest in Indiana, extending its reach towards Granger and its desirable demographics. The recent Microsoft acquisition of 900 acres nearby for a new data center further solidifies the area's burgeoning economic strength. This prime corner lot offers a myriad of development possibilities, shadow-anchored by a new regional draw for the South Bend/Mishawaka community, making it an ideal location for a variety of commercial ventures. The property is located at 14154 Cleveland Rd, Granger, IN 46530, within St. Joseph County. The asking price is $6,464,250.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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