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    8036 -8056 Us 41 Schererville, IN 46375

    Sponsored
    For Sale
    Contact for pricing

    1.86 Acres, Prime Schererville Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.86-acre commercial land parcel presents a remarkable investment opportunity in Schererville, Indiana. Situated directly on US 41, this high-visibility site boasts 200 feet of frontage and benefits from a daily traffic count of approximately 30,000 vehicles. Its strategic location within Schererville town limits, just one mile from US 30, provides unparalleled access to a substantial consumer base, serving both Schererville and St. John residents. The property's proximity to Lake Central High School, with its roughly 3200 students, further enhances its appeal. This location is part of the Chicago MSA, offering easy access to a large workforce. The site is easily accessible from US 30, located 1.2 miles south on US 41's west side. An adjacent 0.93-acre corner lot is also available for purchase, presenting potential for expansion or synergistic development. This prime location within Schererville, known for its strong retail sector, makes this an ideal site for businesses seeking high visibility and convenient access to a large and diverse market. The property is zoned for residential use, offering flexibility for various development options. This is a rare opportunity to acquire a high-exposure site in a thriving Northwest Indiana community. The property's address is 8036-8056 US 41, Schererville, IN 46375.

    Property Features for 8036 -8056 Us 41

    General Information

    Property type
    Land
    Lot Size
    81,022 SF

    HighLights

    • Development land available for sale.
    • High‑visibility site directly on US 41.
    • Located within Schererville town limits.
    • One mile from US 30.
    • Adjacent to Lake Central High School (approx. 3200 students).
    • Daily traffic count of approximately 30,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Schererville
    County
    Lake
    State
    Indiana
    Longitude
    -87.4711507
    Latitude
    41.4729443

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    FAQs

    What type of property is this?
    Land - 1.86 Acres, Prime Schererville Location
    Where is this land located?
    The property is located at 8036 -8056 Us 41 Schererville, IN.
    What are key features of this property?
    This property features: Development land available for sale.; High-visibility site directly on US 41.; Located within Schererville town limits.
    (219) 864-0200
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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
    8036 -8056 Us 41 Schererville, IN 46375
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