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    13501 Morse St Cedar Lake, IN 46303

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    For Lease
    $8 SF/Yr ($7,291 /Mo)

    10,000 SF warehouse with renovated office space for lease.

    Property size:
    10,000 SF
    Lot size:
    0.52 Acres

    Property Features for 13501 Morse St

    General Information

    Size
    10,000 SF
    Lot size
    0.52 Acres

    Source: Latitude Commercial Agent Myles Rapchak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Warehouse with Office Space

    This 10,000 square foot warehouse includes approximately 2,000 square feet of office space and 8,000 square feet of warehouse area. The office space has been recently renovated with new flooring, windows, and paint. The warehouse features all new LED lighting and a 14-foot clear height. The property includes four overhead drive-in doors. Pylon signage is available. The property is zoned B-1 and offers exposure on Morse Street, directly across from the lake. It is suitable for warehouse and industrial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel 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
    -87.421019
    Latitude
    41.372905

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    FAQs

    What type of property is this?
    Warehouse - 10,000 SF warehouse with renovated office space for lease.
    Where is this warehouse located?
    The property is located at 13501 Morse St Cedar Lake, IN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - 10,000 SF Warehouse with +/- 2,000 SF Office & 8,000 SF Warehouse Space; - Great Exposure on Morse St Directly Across from the Lake; - 4 Overhead Drive-In Doors
    (219) 308-3553
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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
    13501 Morse St Cedar Lake, IN 46303
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