107 East State Road 231

• Located on the busy SR 231
• 2 miles east of the Grand Lake County Court House
• 1 hour to Chicago Loop
• 1/2 mile west of I-65/SR 231 interchange
• Across from CVS

Property Description

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. 2023 pay 2024 taxes are $277.56. 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. 2022 INDOT traffic count on State Road 231 is 14,903 cars/day.