419 Hwy, Schererville, IN 46375
This exceptional 4.09-acre commercial land parcel is located at 419 E. US Highway 30 in Schererville, Indiana, zip code 46375. Zoned C-3, it boasts 225 feet of frontage along Lincoln Highway, ensuring high visibility and significant traffic exposure. The property benefits from a daily traffic count of 39,753 vehicles (INDOT 2023 data), making it ideal for retail or other commercial development. Its prime location in Schererville offers easy access to major amenities and a thriving market. This property presents a unique investment opportunity, particularly given its potential for expansion; it can be combined with adjacent lots to create a larger 16.59-acre development. The asking price is $430,000. This strategic location and high traffic volume make this a compelling investment in a dynamic commercial area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.