106 133Rd Ave Cedar Lake, IN 46303
This exceptional one-acre commercial land parcel presents a unique investment opportunity in Cedar Lake, Indiana. Located at 106 W 133rd Ave, this property is ideally situated within a residential community while maintaining a secluded feel, nestled in a wooded area. The lot is designated as the southern of two one-acre parcels, currently being sold separately. This presents a chance to develop a commercial venture in a desirable location. While offering privacy, the property benefits from proximity to existing utilities; electric and sewer lines are nearby, minimizing initial infrastructure costs. A significant advantage is the property's border with a high school, suggesting potential for businesses catering to students or families. The address is 106 W 133rd Ave, Cedar Lake, IN 46303, in Lake County. The asking price for this prime commercial land is $116,000. Buyers should be aware that all utilities will need to be extended to the site. This presents a blank canvas for creative commercial development in a well-positioned, yet private setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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