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    1603 S 81 St West Allis, WI

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    For Sale
    $394,900

    Commercial land with easy freeway access near downtown Milwaukee.

    Property size:
    15,020 SF
    Lot size:
    0.48 Acres

    Property Features for 1603 S 81 St

    General Information

    Size
    15,020 SF
    Lot size
    0.48 Acres

    Source: EC Commercial Real Estate Agent Alicia Hurst Alexander

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Allis Redevelopment Opportunity

    This commercial land presents a redevelopment opportunity with convenient freeway access and proximity to downtown Milwaukee. The property is located within minutes of downtown Milwaukee and offers close proximity to shopping and restaurants. The site encompasses 15,020 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    West Allis
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0167406
    Latitude
    43.0169374

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with easy freeway access near downtown Milwaukee.
    Where is this commercial land located?
    The property is located at 1603 S 81 St West Allis, WI.
    What is the asking price?
    The asking price for this property is $394,900.
    What are key features of this property?
    This property features: - Redevelopment opportunity; - Easy freeway access; - Minutes to Downtown MKE
    (414) 425-3134
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    1603 S 81 St West Allis, WI
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    West Allis, WI
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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
    1603 S 81 St West Allis, WI
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