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    Lt0 Oakes Rd Racine, WI 53406

    For Sale
    $1,980,000

    Agriculture - Mount Pleasant, WI

    Type:Farm
    Lot size:
    48.96 Acres
    Days on Market:
    169
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for Lt0 Oakes Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    Ag/Res
    APN
    151032211025000
    Lot size
    48.96 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Newport (262) 632-9990 [email protected]

    Listing agent Emily Fisher (262) 632-9990 License #89820-94

    Listing date Jun 24, 2025

    MLS# 1923755 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mount Pleasant Agricultural Land Opportunity

    This property offers almost 50 acres in Mount Pleasant, Wisconsin, master-planned for residential development. The site presents an opportunity to connect to the Pike River Pathway at the southeast corner, potentially serving as an amenity for future residents. Water connection is available at Airline and Oakes Road. Sewer access is located at Airline Road and along the western property boundaries within the Pike River Corridor. The proposed road plan indicates Airline Road intersecting with Oakes Road and extending northwards to Airline Road north of Old Spring Street. The Village would allow a mix of residential uses and densities across the parcels. The zoning is Ag/Res.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.873108
    Latitude
    42.72932

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    FAQs

    What type of property is this?
    Farm - Prime residential development opportunity in Mount Pleasant, Wisconsin.
    Where is this farm located?
    The property is located at Lt0 Oakes Rd Racine, WI.
    What is the asking price?
    The asking price for this property is $1,980,000.
    What are key features of this property?
    This property features: - Prime 50-acre land parcel in Mount Pleasant, master planned for residential development.; - Opportunity to connect to the Pike River Pathway, providing a desirable amenity for future residents.; - Water connection available at Airline and Oakes Rd.
    (262) 632-9990
    Request Owner's contact information
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    Racine, WI 53406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lt0 Oakes Rd Racine, WI 53406
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