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    7324 Lake Shore Dr Cedar Lake, IN 46303

    Picture of Land at Lake Shore Dr 7324, Cedar Lake, IN
    For Sale
    $32,000

    Unimproved Land - Cedar Lake, IN

    Type:Unimproved Land
    Lot size:
    0.04 Acres
    Days on Market:
    312
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 7324 Lake Shore Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    451523331024000043
    Lot size
    0.04 Acres

    Building Details

    Architectural style
    Other

    Advanced Real Estate LLC (219) 746-2693 [email protected]

    Listing agent David Harkabus (219) 663-1986 License #RB14042838

    Listing date Jan 29, 2025

    MLS# 544602 Listing URL

    Copyright © 2025 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.

    Overview

    Vacant Land on Lake Shore

    This vacant lot offers 25 feet of frontage on high-traffic Lake Shore Drive in Cedar Lake, Indiana. The property, comprising 0.039 acres, is located in Lake County. It is suggested that this property could be paired with adjoining or nearby commercial and residential property developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Lake
    County
    Lake
    State
    Indiana
    Longitude
    -87.424085
    Latitude
    41.381649

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    FAQs

    What type of property is this?
    Land - Unimproved land with frontage on high-traffic Lake Shore Drive.
    Where is this land located?
    The property is located at 7324 Lake Shore Dr Cedar Lake, IN.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: - Prime frontage on high traffic Lake Shore Drive; - Vacant lot ready for development; - 25-foot frontage
    (219) 663-1986
    Request Owner's contact information
    7324 Lake Shore Dr Cedar Lake, IN 46303
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    Cedar Lake, IN 46303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7324 Lake Shore Dr Cedar Lake, IN 46303
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