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    410 Lincoln Hwy Schererville, IN 46375

    For Sale
    $4,750,000

    High-traffic retail space, ample parking. Excellent highway visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 26,000+ square foot retail property is ideally situated on over six acres of land along the busy Lincoln Highway in Schererville, Indiana. The property boasts a prime location with excellent visibility and accessibility, making it an attractive option for a variety of retail businesses. The freestanding building offers ample parking with over 250 spaces, ensuring convenient access for customers and employees. The building itself is a Class A structure, featuring impressive ceiling heights ranging from 12'10" to 19', providing a spacious and modern feel. The property is zoned C-3 Highway Commercial, allowing for a wide range of potential uses. The expansive lot offers significant room for future expansion of the existing building or the development of additional uses within the ample parking area. This presents a unique opportunity for businesses seeking a high-visibility location with significant space and potential for growth. The property's strategic location and impressive features make it a truly exceptional investment opportunity in a thriving commercial area. The substantial parking and easy ingress/egress further enhance its appeal. This is a rare opportunity to acquire a significant retail property in a high-demand location.

    Property Features for 410 Lincoln Hwy

    General Information

    Property type
    Retail properties
    Lot Size
    261,360 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schererville
    County
    Lake
    State
    Indiana
    Longitude
    -87.441
    Latitude
    41.48466

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, ample parking. Excellent highway visibility.
    Where is this retail property located?
    The property is located at 410 Lincoln Hwy Schererville, IN.
    What is the asking price?
    The asking price for this property is $4,750,000.
    Request Owner's contact information
    410 Lincoln Hwy Schererville, IN 46375
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    Schererville, IN 46375
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Lincoln Hwy Schererville, IN 46375
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