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    5241 Fountain Dr Schererville, IN

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    For Lease
    $17 SF/Yr ($1,750 /Mo)

    Flexible office spaces with high visibility and affordable rents.

    Property size:
    1,200 SF
    Lot size:
    0.46 Acres

    Property Features for 5241 Fountain Dr

    General Information

    Size
    1,200 SF
    Lot size
    0.46 Acres

    Source: Bradley Company | Merrillville Agent Jim Nicksic

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space on Route 30

    This property offers flexible office spaces with floor plans ranging from 1,200 to 6,900 square feet. Located in Schererville, Indiana, with a Crown Point address, the property benefits from high exposure on Route 30, which sees over 43,000 vehicles daily. The office buildings are constructed with a frame and brick exterior and are part of a seven-building office park. There is abundant parking available, including overflow options. New on-site management is present. Highly visible monument signage is available on Route 30. Customized tenant improvement packages are available for qualified prospects. Ownership opportunities are also available.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Schererville
    County
    Lake
    State
    Indiana
    Longitude
    -87.4504888
    Latitude
    41.4831184

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    FAQs

    What type of property is this?
    Office space - Flexible office spaces with high visibility and affordable rents.
    Where is this office space located?
    The property is located at 5241 Fountain Dr Schererville, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible monument signage on Route 30 with over 43,000 ADT; - Flexible floor plans from 1,200-6,900 SF; - Affordable rents
    (219) 743-3825
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    5241 Fountain Dr Schererville, IN
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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
    5241 Fountain Dr Schererville, IN
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