Property profile

419 Hwy Schererville, IN 46375

OFF-MARKET
Land
4.09 ac lot
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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

Location

419 Hwy Schererville, IN 46375
Schererville metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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