Zoned Residential Development
For Sale
Contact for pricing
11323 W 133rd Ave, Cedar Lake, IN 46303
L-shaped, shovel-ready lot zoned RM with onsite utilities and capacity for 16–20 units.
Property SizeContact for details
Lot Size1.72 Acres
Days on Market120
Property Features for 11323 W 133rd Ave
General Information
Standard status
Active
Lot size
1.72 Acres
Property subtype
Land
Zoning
RM
Additional Details
Utilities to Site
Yes
Multifamily Units
20
Listing Agency:
Berkshire Hathaway Home Service Executive Realty
Listed By:
Bill McCabe · License #RB14014310
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Apr 12 at 6:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Service Executive Realty
Investment Insights
Based on property information with market context.
This is a shovel-ready, L-shaped development lot totaling 1.72 acres, currently zoned RM for multi-family use. The property is presented as having sufficient space to accommodate between 16 and 20 units, sized as a combination of four-unit buildings (with the possibility of 4–four unit buildings or possibly 5–four unit buildings). The offering also notes the opportunity to request a use variance and restructure the project to a commercial location, subject to Town of Cedar Lake review.
The lot is described as centrally located within walking distance to shops and restaurants, with access to Route 41 and 133rd. All utilities are listed as onsite.
Any re-zoning, building, and approvals are subject to ordinances and approval by the Town of Cedar Lake, and the buyer is responsible for completing their own due diligence.
The lot is described as centrally located within walking distance to shops and restaurants, with access to Route 41 and 133rd. All utilities are listed as onsite.
Any re-zoning, building, and approvals are subject to ordinances and approval by the Town of Cedar Lake, and the buyer is responsible for completing their own due diligence.
Key Highlights
- L‑shaped 1.72‑acre lot in Cedar Lake, shovel‑ready for development
- Zoned RM, allowing multi‑family development potential for 16–20 units
- Potential unit mix includes combinations of 4 four‑unit buildings or possibly 5 four‑unit buildings
Property Analytics
Current Use
Lease Details
20
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - L-shaped, shovel-ready lot zoned RM with onsite utilities and capacity for 16–20 units.
Where is this residential land & home lot located?
The property is located at 11323 W 133rd Ave Cedar Lake, IN.
What are key features of this property?
This property features: L‑shaped 1.72‑acre lot in Cedar Lake, shovel‑ready for development; Zoned RM, allowing multi‑family development potential for 16–20 units; Potential unit mix includes combinations of 4 four‑unit buildings or possibly 5 four‑unit buildings
