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. 2023 pay 2024 taxes are $277.46. New Franciscan Health Hospital and University of Saint Francis expansion 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. 2022 INDOT traffic count on State Road 231 is 14,903 cars/day.

Located on the south side of US 231/SR 8, 1/4 mile east of Broadway, 1/2 mile west of I-65/US 231 interchange, and 5 miles south of US Highway 30. Nearby businesses include CVS, People's Bank, First Financial Bank, Oak Hill Animal Clinic, Crown Point Square, and so much more. Less than 2 miles east of the historic Lake County Court House and Crown Point Square with shopping, dining, banking, entertainment and more.

1.5 miles southeast of the Crown Point Sportsplex. ***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.