Property profile

8036 -8056 Us 41 Schererville, IN 46375

OFF-MARKET
Land
1.86 ac lot
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Property summary

AI-generated overview

This exceptional 1.86-acre commercial land parcel presents a remarkable investment opportunity in Schererville, Indiana. Situated directly on US 41, this high-visibility site boasts 200 feet of frontage and benefits from a daily traffic count of approximately 30,000 vehicles. Its strategic location within Schererville town limits, just one mile from US 30, provides unparalleled access to a substantial consumer base, serving both Schererville and St. John residents. The property's proximity to Lake Central High School, with its roughly 3200 students, further enhances its appeal. This location is part of the Chicago MSA, offering easy access to a large workforce. The site is easily accessible from US 30, located 1.2 miles south on US 41's west side. An adjacent 0.93-acre corner lot is also available for purchase, presenting potential for expansion or synergistic development. This prime location within Schererville, known for its strong retail sector, makes this an ideal site for businesses seeking high visibility and convenient access to a large and diverse market. The property is zoned for residential use, offering flexibility for various development options. This is a rare opportunity to acquire a high-exposure site in a thriving Northwest Indiana community. The property's address is 8036-8056 US 41, Schererville, IN 46375.

Property profile

Verified
Property type Land
Lot 1.86 ac (81,022 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8036 -8056 Us 41 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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