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    Property profile & analytics
    OFF-MARKET Estimated value $1,585,000
    Retail space

    12937 Wicker Ave, Cedar Lake, IN 46303-8042

    12,116 SF 2.06 ac lot Built 2006
    Entity Owned ~ Est. High Equity
    Property ID
    US31-3371515
    Property summary
    AI-generated overview

    This exceptional retail property, located at 12937 Wicker Avenue in Cedar Lake, Indiana, offers a significant lease opportunity. The building, constructed in 2007, encompasses a total of 16,104 square feet situated on a 2.06-acre lot. Currently configured as a fitness center, the space includes 13,416 square feet of vacant area and 3,688 square feet of occupied space. Key features include an overhead door, high ceilings, and existing fitness center amenities such as locker rooms and showers, along with separate workout rooms ideal for classes. The property's versatile layout allows for adaptation to a variety of retail uses. Its location in a rapidly developing area of Northwest Indiana, within Lake County and zip code 46303, provides excellent visibility and access to a growing customer base. This single-tenant property presents a unique chance for businesses seeking a prominent location to establish or expand their operations. The property's size and existing infrastructure make it an attractive option for businesses requiring substantial space and specialized amenities. This is a rare opportunity to secure a well-equipped retail space in a thriving Indiana community. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2006
    Construction WOOD
    Total area 12,116 SF
    Lot 2.06 ac (89,603 SF)
    Zoning code R3
    APN 45-15-21-301-017.000-014
    UPID US31-3371515
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • happy day shirt and event (Bike/Boat/Book/etc) Store
    • AT&T Store Mobile Phone Store Electronics & Wireless Store
    • Flexeon Rehabilitation Medical Clinic
    • Locked in at the Lake Arcade & Gaming Center Family Recreation Center
    • Focus Counter Violence Training Center Sports School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.80M
    Comparable Approach Comparable
    $1.45M
    Blend (final) Blend
    $1.59M
    Owner & transaction history
    12937 Wicker Ave LLC
    12937 Wicker Ave LLC
    since 2025
    5 recorded transactions
    2025
    2016
    2015
    2015
    2008
    Zoning & alternative use
    R3 · Cedar Lake, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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