107 E. State Road 231, Crown Point, IN

Land for Sale - $487,872


Agent Info

David Lasser
Commercial In-Sites, LLC

Property Info

CIMLS#964214
Location
  107 E. State Road 231
  Crown Point IN 46307
UpdatedApril 26th, 2021
TypeLand
Price$487,872

Contact


Property Description

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. Additional land up to 1.83+/- acres available thru assemblage for a total of 3.83 acres. Adjoining parcel offered at $445,403, 2019 pay 2020 taxes are $3,831.26. (Home/garage recently razed and will reduce the future taxes to about $1,000.00 a year effective 2020 payable 2021.) 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 milion for the hospital and expanded University, Franciscan officials report. 2018 INDOT traffic count on State Road 231 is 11,870 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.



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