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917-955 Eagle Ridge Dr Schererville, IN 46375

For Sale
$1,100,000

4.81 Acres, Prime Location

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 4.81-acre commercial land parcel in Schererville, Indiana, presents a unique investment opportunity. Located at 917-955 Eagle Ridge Drive, the property boasts a C-3 zoning designation, allowing for a wide range of commercial uses. Access is convenient via Eagle Ridge Drive and easements through established businesses. All utilities (gas, electric, sewer, and water) are available at the site, and offsite drainage is already in place. Recently cleared, the land offers immediate development potential. Its strategic location provides exceptional visibility, with over 495 feet of frontage on US Highway 41, viewable from the bridge. The property adjoins the Pennsy Greenway Schererville Trail, enhancing its appeal. Situated less than four miles east of the Illinois state line, it benefits from Indiana's lower taxes and the influx of businesses relocating from Illinois. The area is densely populated with retail and restaurant developments, including over two dozen restaurants, hotels, grocery stores, home improvement stores, and banks, all within a three-mile radius. High traffic counts are guaranteed, with over 32,000 vehicles daily on US Highway 30 and over 39,000 vehicles daily on US Highway 41, according to 2024 INDOT data. The property's proximity to major expressways (I-80/94 and I-65) further enhances its accessibility and desirability. The asking price is $1,100,000. The property's APN is 45-11-08-227-002.000-036. This is a rare opportunity to acquire a highly visible and well-located commercial property in a thriving market.

Property Features for 917-955 Eagle Ridge Dr

General Information

Property type
Land
Lot Size
209,524 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Schererville
County
Lake
State
Indiana
Longitude
-87.472447
Latitude
41.507083

FAQs

What type of property is this?
Land - 4.81 Acres, Prime Location
Where is this land located?
The property is located at 917-955 Eagle Ridge Dr Schererville, IN.
What is the asking price?
The asking price for this property is $1,100,000.
More about this property
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