Search
Commercial Land in Cedar Lake, IN
For Sale
$467,500

13860 Alexander Street, Cedar Lake, IN 46303

LAND - Cedar Lake, IN

Property SizeContact for details
Lot Size1.55 Acres
Days on Market174

Property Features for 13860 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-continue to Alexander St on north side of road.
Standard status Active
Lot size 1.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Platted Subdivision: Yes, Legal Description: Railside Business Park Lot 5
Tax Annual Amount 1000
HOA Fee $1,200 Annually
Legal Description Platted Subdivision: Yes, Legal Description: Railside Business Park Lot 5

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: May 14 Last Checked: Aug 16 at 5:06AM
MLS# 834445

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 1.55-acre lot is zoned B-3 and suitable for mixed uses, including retail, restaurants, professional services, banks, gyms, grocery stores, daycare/senior/assisted living centers, liquor sales, building materials, amusement, entertainment, pools, skating rinks, clubs, hotels/lodges, machinery rental, and similar businesses. Located in a growing area of Cedar Lake, Indiana, this property offers an opportunity to invest in your company's future and build equity. The B-3 zoning site has 3-phase electrical service available. Multiple lots can be combined into one building site, and multi-tenant/occupants are allowed per building. The location provides great interstate connectivity and quick access to Rt 41/Rt 231 and Rt 2 interchange on I-65, as well as Rt 10/Rt 114, giving access across to Illinois. Rt 41 provides limitless north and south access from Chicago to the south.

Key Highlights

  • 1.55 acre lot zoned B‑3 is suitable for diverse commercial uses, including retail, restaurants, and services.
  • Own commercial space and build equity** instead of leasing.
  • Located in a growing business park in Cedar Lake, Indiana.

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

101
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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 - 1.55 acre commercial lot suitable for various business uses.
Where is this commercial land located?
The property is located at 13860 Alexander Street Cedar Lake, IN.
What is the asking price?
The asking price for this property is $467,500.
What are key features of this property?
This property features: 1.55 acre lot zoned B‑3 is **suitable for diverse commercial uses**, including retail, restaurants, and services.; Own commercial space and build equity** instead of leasing.; Located in a growing business park in Cedar Lake, Indiana.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message