12531 Cedar Lake Rd Crown Point, IN 46307

This exceptional 5-acre commercial land parcel, located at 12531 Cedar Lake Road in Crown Point, Indiana (zip code 46307), presents a unique investment opportunity. The property boasts over 669 feet of frontage on Cedar Lake Road, offering significant visibility and accessibility. Currently zoned OS-1, the land is ideally suited for a variety of commercial uses, including office buildings, medical facilities, or banking institutions. However, there's potential for rezoning to R1, allowing for development into four estate lots. The property consists of two parcels (APN: 45-16-19-226-002.000-042, 45-16-19-226-016.000-042) and is priced at $279,900, or $60,000 per acre. Situated in the thriving town of Crown Point, often referred to as "the Hub of Lake County," this rapidly growing area offers a strong foundation for future development. The property's proximity to the historic Crown Point Courthouse, built in 1878, adds to its appeal. This prime location and versatile zoning options make this a compelling investment for discerning buyers seeking a strategic foothold in Northwest Indiana's dynamic commercial market.