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    OFF-MARKET
    Land

    419 Hwy, Schererville, IN 46375

    4.09 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 4.09 ac (178,160 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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