Property summary
This exceptional investment opportunity presents a 26,000-square-foot retail space situated on a sizable 6-acre lot in Schererville, Indiana. Conveniently located on East Lincoln Highway, this property boasts high visibility and impressive daily traffic counts exceeding 40,000 vehicles. The Class A building features ceiling heights ranging from 12'10" to 19 feet, providing ample space for a variety of retail uses. With over 240 parking spaces, customer convenience is ensured. The property is zoned C-3 Highway Commercial, allowing for diverse business applications including retail, outlet, grocery, medical, office, or even a potential auto dealership. The freestanding signage offers excellent branding opportunities. Easy ingress and egress further enhance the property's appeal. The 2023 property taxes totaled $46,511.00, translating to approximately $1.74 per square foot based on the building size. This prime location offers easy access to Chicago, just 50 minutes away, making it an attractive option for businesses seeking to tap into a larger market. The property's size and versatility make it an ideal investment for discerning buyers seeking a high-impact commercial property in a thriving location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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