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Cedar Lake B-3 Zoned Land
For Sale
$397,300

13951 Alexander Street, Cedar Lake, IN 46303

LAND - Cedar Lake, IN

Property SizeContact for details
Lot Size1.35 Acres
Days on Market971

Property Features for 13951 Alexander Street

General Information

Property type Land
Property subtype Other
Zoning description Business
Subdivision Railside Business Park, Lot 28
Lot features Cul-De-Sac
View Water
High school Hanover Central High School
Directions Rt 41 to 141st Ave, T-east to property on north side of 141st Ave.
Standard status Active
APN 451528376002000013
Lot size 1.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Platted Subdivision: Yes, Legal Description: Railside Business Park Lot 28
Tax Annual Amount 1000
HOA Fee $1,200 Annually
Legal Description Platted Subdivision: Yes, Legal Description: Railside Business Park Lot 28

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: McColly Real Estate
Listed By: Shelly Faber · License #RB14044470
Added: Dec 20, 2023 Changed: May 14 Last Checked: Aug 17 at 6:06AM
MLS# 543043

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.

Located in the Railside Business Park in Cedar Lake, Indiana, Lot 28 is a 1.35-acre parcel zoned B-3. The zoning permits a variety of uses, including retail, restaurants, professional services, banks, gyms, grocery stores, daycare, senior and assisted living centers, liquor sales, building materials, amusement, entertainment, pools, skating rinks, clubs, hotels, lodges, and machinery rental, as well as similar businesses. The B-3 zoning sites are develop-ready with roadway and utilities in place, including 3-phase electrical service. Multiple lots can be combined into one building site, and multi-tenant or occupant buildings are allowed up to a total of three. The location offers great interstate connectivity and quick access to Route 41, Route 231, and Route 2 interchange on I-65, as well as Route 10 and Route 114, providing access across to Illinois. Route 41 provides north and south access from Chicago to the south.

Key Highlights

  • B‑3 Zoning: Allows for a wide range of business uses.
  • Develop‑Ready: Sites are develop‑ready with roadway and utilities in place, including 3‑phase electrical service.
  • Strategic Location: Located in the growing Cedar Lake area within RAILSIDE Business Park.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Spa & Massage Center Parking Lot & Garage Real Estate Agency Hair Salon Electrical Service

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.35 acre B-3 zoned lot in Cedar Lake, Indiana.
Where is this commercial land located?
The property is located at 13951 Alexander Street Cedar Lake, IN.
What is the asking price?
The asking price for this property is $397,300.
What are key features of this property?
This property features: B‑3 Zoning: Allows for a wide range of business uses.; Develop‑Ready: Sites are develop‑ready with roadway and utilities in place, including 3‑phase electrical service.; Strategic Location: Located in the growing Cedar Lake area within RAILSIDE Business Park.
More about this property
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