9800 129Th AveCedar Lake, IN 46303
- Retail space
- 6,258 SF
Property Details for 9800 129Th Ave
- Year built
- 1971
- Construction
- WOOD
- Lot size
- 3.96 AC
- Property size (Sq ft)
- 6,258 SF
- Property type
- Retail space
- APN
- 45-15-21-276-025.000-014
- APU
- 451521276025000014
Description
This exceptional 1-acre residential lot presents a unique opportunity in Cedar Lake, Indiana. Located at 9800 W 129th Ave, this property is part of a pair of 1-acre lots being sold separately (this is lot #2, the northern lot; the adjoining lot is MLS #538236). Nestled within a wooded area, offering a secluded yet community-integrated setting, this land provides a blank canvas for your dream home. Buyers should note that all utilities (electric, gas, and sewer) will need to be extended to the property. Conveniently located, a high school borders the property line. The address is 9800 W 129th Ave, Cedar Lake, IN 46303, within Lake County. The asking price for this prime residential building site is $116,000. This is a rare chance to build in a desirable location with a peaceful, wooded atmosphere. The lot's size is precisely one acre, providing ample space for a substantial home and landscaping. The proximity to a high school adds to the appeal for families. Don't miss this chance to secure your piece of Cedar Lake.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,956,380
- 6.5%
- $2,728,966
- 7%
- $2,534,040
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,054,063
- Geo Method
- $2,054,063
-
Alternative Use
- Use
- Valuation
- Residential
- $2,301,985
- Hospitality
- $2,108,606
- Educational
- $1,754,335
- Medical
- $1,814,670
- Retail
- $2,728,966
Location Insight
- City
- Cedar Lake
- County
- Lake
- State
- Indiana
- Latitude
- 41.3852
- Longitude
- -87.4544
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].