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. 2024INDOT traffic count on State Road 231 is 16,299 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, Stracci Law Group, Oak Hill Reiki and Yoga Center, and so much more. Less than 1.5 miles southeast of the Crown Point Sportsplex. 2 miles east of the historic Lake County Courthouse and Crown Point Square with shopping, dining, banking, entertainment and more.