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15065 Cleveland Rd 6.31 Acres of Commercial Land Offered at $2,524,000 in Granger, IN 46530
Investment Highlights
- Fantastic location in growing corridor with major projects and future developments in proximity
- Existing zoning classification allows for multi-family development
- Clean 2021 Phase 1 on file
- Mishawaka utility mains on Cleveland Rd ready to service a project at this location
- Site is dry and relatively flat
Executive Summary
This 6.31-acre site on Cleveland Road is a primed and ready to go multi-family development opportunity in a growing corridor on the northern edge of Mishawaka. This property has been assembled and cleared, rezoned for multi-family development, and presented with ready access to water and sewer service via mains on Cleveland Rd. The site is exceptionally positioned, located just east of the major retail corridor of Grape Rd & Main St; just south of SR-23 and residential neighborhoods, and just west of the Juday Creek Business Park, Mishawaka Fieldhouse, Gurley Leep Automotive Campus, and Microsoft Data Centers. These projects are poised to bring traffic, activity, development, and a need for housing to this area.
Property Facts
| Price | $2,524,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 6.31 AC |
| Property Type | Land | ||
| Zoning | R-3 Multi-Family Resident - Commercial | ||
| Price | $2,524,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 6.31 AC |
| Zoning | R-3 Multi-Family Resident - Commercial |
1 Lot Available
Lot
| Price | $2,524,000 | Lot Size | 6.31 AC |
| Price Per AC | $400,000.00 |
| Price | $2,524,000 |
| Price Per AC | $400,000.00 |
| Lot Size | 6.31 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 71-04-27-200-074.000-036 | Improvements Assessment | $0 |
| Land Assessment | $131,700 | Total Assessment | $131,700 |
Property Taxes
Parcel Number
71-04-27-200-074.000-036
Land Assessment
$131,700
Improvements Assessment
$0
Total Assessment
$131,700
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15065 Cleveland Rd
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