107 E State Rd 231 1.95 Acres of Commercial Land Offered at $626,768 CAD in Crown Point, IN 46307

This is a prime commercial parcel ready for redevelopment as the prior home has been razed. This parcel is zoned B-3 Highway Commercial making this site ideal for Medical/professional office or retail development. All utilities available are to the site including sewer and water. 2024 pay 2025 taxes are $263.28. New Franciscan Health Hospital and University of Saint Francis expansion are both located just 1 mile west of this property. It's expected investment is between $227 and $300 million for the hospital and expanded University, Franciscan officials report. 2024 INDOT traffic count on State Road 231 is 16,299 cars/day. This is a prime commercial parcel redevelopment. This parcel is zoned B-3 Highway Commercial making this site ideal for medical/professional office or retail development. All utilities available are to the site including sewer and water. Proposed new Franciscan Health Hospital, University of Saint Francis expansion and possible new location for Andrean High School is located just 1 mile west of this property. It's expected investment is between $227 and $300 million for the hospital and expanded University, Franciscan officials report. 2018 INDOT traffic count on State Road 231 is 11,870 cars/day. ***Less than 1/4 mile from the recently announced $250 million dollar Fountains of Crown Point, initial plans calling for two hotels, a bowling alley, a theater, upscale and fast casual restaurants, a specialty grocery store, residential town homes, and a fire station. Anchoring the development would be a premier outlet mall with 80 to 100 stores. Fountains is being called a landmark shopping, dining, and entertainment destination.