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B-3 Zoned Commercial Land
For Sale
$494,500

13950 Alexander Street, Cedar Lake, IN 46303

Land, Cedar Lake, IN

Property SizeContact for details
Lot Size2.25 Acres
Days on Market189

Property Features for 13950 Alexander Street

General Information

Property type Land
Property subtype Other
Zoning description Business
Subdivision Railside Business Park
Lot features Corner Lot, Paved
View Water
High school Hanover Central High School
Elementary school district Hanover
Middle school district Hanover
High school district Hanover
Directions Rt 41 to 141st Ave, turn east to property on north side of roadway.
Standard status Active
Lot size 2.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Platted Subdivision: Yes, Legal Description: Railside Business Park Lot 3
Tax Annual Amount 1000
HOA Fee $1,200 Annually
Legal Description Platted Subdivision: Yes, Legal Description: Railside Business Park Lot 3

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: McColly Real Estate
Listed By: Shelly Faber · License #RB14044470
Added: Feb 23 Changed: Aug 19 Last Checked: Aug 31 at 1:06PM
MLS# 834443

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.25-acre commercial land site at 13950 Alexander Street is zoned B-3 and positioned for development within a business park setting. The zoning supports a broad range of commercial applications, including retail, restaurants, professional services, banks, gyms, grocery, daycare, senior or assisted living, hotels, entertainment, and other like-kind businesses.

Public water and public sewer are available. The property is in Cedar Lake, with access to I-65 through the Rt 41/Rt 231 and Rt 2 interchange. Connections to Rt 10 and Rt 114 provide access toward Illinois, while Rt 41 offers north-south connectivity between Chicago and areas to the south.

Key Highlights

  • 2.25‑acre commercial land site
  • B‑3 zoning supports a broad range of commercial uses
  • Public water available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Spa & Massage Center Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 46303, IN

17,028
Population
6,922
Households
2.5
Avg Household Size
39
Median Age
24%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
591
Density / Sq Mi
$78,659
Median Household Income
$43,217
Median Earnings
$1,197
Median Rent
$271,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial site with B-3 zoning and public water and sewer service available.
Where is this commercial land located?
The property is located at 13950 Alexander Street Cedar Lake, IN.
What is the asking price?
The asking price for this property is $494,500.
What are key features of this property?
This property features: 2.25‑acre commercial land site; B‑3 zoning supports a broad range of commercial uses; Public water available
More about this property
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