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    OFF-MARKET
    Land

    311 Us-30, Schererville, IN 46375

    0.79 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land parcel, located at 311 US Highway 30 in Schererville, Indiana, presents a unique investment opportunity. Priced at $315,000, this property boasts a highly desirable Highway Commercial zoning designation, making it perfect for a variety of uses. The lot size ranges from 0.79 to 1.25 acres, providing ample space for development. The property's APN is 45-11-15-329-009.000-036. Its strategic location offers easy access from both lanes of US-30, east of Austin Avenue, and from Austin Avenue itself, ensuring high visibility and convenient access for customers and employees. This prime location is further enhanced by its proximity to a recently constructed Dairy Queen and the Residences at Deer Creek, an upscale assisted living facility. The high traffic volume of 41,000 vehicles per day (VPD) in this area guarantees significant exposure. The property is particularly well-suited for restaurants, coffee shops, fast-food establishments, or professional offices. Two additional lots, measuring 1.5 and 0.79 acres, are also available. This presents a rare chance to acquire a substantial commercial property in a thriving location with excellent visibility and high traffic counts. The property is situated in Lake County, Indiana, with a zip code of 46375.

    Property profile
    Verified
    Property type Land
    Lot 0.79 ac (34,412 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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