Property profile

311 Us-30 Schererville, IN 46375

OFF-MARKET
Land
0.79 ac lot
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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

Location

311 Us-30 Schererville, IN 46375
Schererville metro
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Value estimations

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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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