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    4663 51St St Greenfield, WI 53220

    Sponsored
    For Sale
    $560,000

    High-traffic location, development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.26-acre commercial lot presents a prime development opportunity in the heart of Greenfield, Wisconsin. Situated on a corner lot at the intersection of S 51st Street and Layton Avenue, this property boasts an impressive 270 feet of road frontage on Layton Avenue and 213 feet on S 51st Street, ensuring high visibility and accessibility. Its strategic location directly across from Konkel Park and within the rapidly expanding Layton corridor places it in the midst of significant growth and development, with numerous new businesses establishing themselves in the area. The property's proximity to the I-894 interchange provides easy access to major transportation routes, further enhancing its appeal for commercial ventures. This is an ideal site for a variety of commercial developments, benefiting from the high traffic counts on both streets and the strong potential for attracting customers and employees. The substantial size of the lot allows for ample space for construction and potential future expansion. Don't miss this chance to secure a prime piece of Greenfield real estate and capitalize on the area's burgeoning commercial landscape. The asking price is $560,000.

    Property Features for 4663 51St St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    54,886 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon 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
    Greenfield
    County
    MILWAUKEE
    State
    Wisconsin
    Longitude
    -87.97884
    Latitude
    42.96008

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, development opportunity.
    Where is this commercial real estate located?
    The property is located at 4663 51St St Greenfield, WI.
    What is the asking price?
    The asking price for this property is $560,000.
    (414) 423-1500
    Request Owner's contact information
    4663 51St St Greenfield, WI 53220
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    4663 51St St
    Greenfield, WI 53220
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    4663 51St St Greenfield, WI 53220
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