13861 Alexander St Cedar Lake, IN 46303
- Land
- 1.10 lot acres
Current Use by Public Records
- Land
Property Details for 13861 Alexander St
- Lot size
- 1.10 lot acres
- Property type
- Land
Description
This 1.1-acre commercial lot, situated in the Railside Business Park in Cedar Lake, Indiana (Lake County, zip code 46303, address 13861 Alexander St), presents a prime development opportunity. Zoned B-3 (M1 light industrial), this parcel is part of a 28-site development, fully serviced with roadways and utilities ready for 2024 construction. The property's B-3 zoning allows for a wide range of uses, including retail, restaurants, professional services, banks, gyms, grocery stores, daycare/senior/assisted living centers, liquor sales, building materials businesses, amusement and entertainment venues, pools, skating rinks, clubs, hotels/lodges, and machinery rental. Multiple lots can be combined for larger developments, with a maximum of three buildings permitted per combined site. The park boasts excellent interstate connectivity, providing easy access to I-65 via the Route 41/Route 231 and Route 2 interchange, as well as convenient access to Route 10/Route 114, offering connections to Illinois. Route 41 provides north-south access, connecting to Chicago and points south. This is a rare opportunity to acquire a develop-ready lot in a thriving area with diverse permitted uses. The asking price is $357,300.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Lake
- County
- Lake
- State
- Indiana
- Longitude
- -87.4623
- Latitude
- 41.3846
