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    OFF-MARKET
    Land

    0 Rte 30 & Austin Ave, Schererville, IN 46375

    2.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.04-acre commercial land parcel presents a unique investment opportunity in the thriving town of Schererville, Indiana. Strategically located on Route 30 and Austin Avenue, this property boasts unparalleled visibility and accessibility. Situated near the recently constructed Dairy Queen, this site benefits from high traffic counts, with over 41,000 vehicles passing daily. The location offers easy access from both lanes of US-30 east of Austin Avenue, and from Austin Avenue itself, ensuring convenient ingress and egress for customers and employees. The property's "shovel-ready" status allows for immediate development, minimizing delays and maximizing return on investment. Its prime location in the shadow of the Residences at Deer Creek, an upscale assisted living facility, provides a strong demographic base for a variety of commercial ventures. This makes the site ideal for a restaurant, professional office, or other businesses seeking high visibility and convenient access in a rapidly growing area. The property is located in Lake County, Indiana, with a zip code of 46375. This is a rare opportunity to acquire a highly desirable commercial lot in a prime location with excellent potential for future growth.

    Property profile
    Verified
    Property type Land
    Lot 2.04 ac (88,862 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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