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Cedar Lake Industrial Lot ForSale
For Sale
$1,251,000

13851 Alexander St, Cedar Lake, IN 46303

M1-zoned lot in Railside Business Park, Cedar Lake, Indiana.

Property Size9,520 SF
Price / SF$131.41
Days on Market189

Property Features for 13851 Alexander St

General Information

Standard status Active
Size 9,520 SF

Building Details

Year Built 2025
Listing Agency: McColly Real Estate
Listed By: Shelly Faber · License #RB14044470
Source: Realtopiare
Added: Mar 27 Changed: Sep 10 Last Checked: Oct 1 at 5:13PM

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 McColly Real Estate

Investment Insights

Based on property information with market context.

Located in the Cedar Lake, Indiana--South Lake County, Railside Business Park's Lot 26 is zoned M1- Light manufacturing. Permitted uses include automotive, food and beverage, lumber yard, construction contractors, government offices, glass and processing, lodging, storage, warehousing, and assembly, among others. The property is suitable for all B-3 and M-1 uses. The railsite lots are develop-ready with roadway and most utilities. Nipsco is planned to be in place for spring of 2024. Multiple lots are allowed to be combined into one building site, and multi-tenant/occupants per buildings are allowed up to a total of three. The property offers interstate connectivity and quick access to the Rt 41/Rt 231 and Rt 2 interchange on I-65, as well as Rt 10/Rt 114, providing access across to Illinois. Rt 41 north and south access from Chicago to the south are limitless. The property size is 10000.

Key Highlights

  • Zoned M1: Suitable for diverse business opportunities
  • Develop‑ready lots with roadway and most utilities in place
  • Nipsco utilities to be in place by Spring 2024

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility Grocery & Convenience Store Auto Repair Shop Home Appliance 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

307
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - M1-zoned lot in Railside Business Park, Cedar Lake, Indiana.
Where is this industrial land located?
The property is located at 13851 Alexander St Cedar Lake, IN.
What is the asking price?
The asking price for this property is $1,251,000.
What are key features of this property?
This property features: Zoned M1: Suitable for diverse business opportunities; Develop‑ready lots with roadway and most utilities in place; Nipsco utilities to be in place by Spring 2024
More about this property
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