Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10950 N Cedarburg Rd Mequon, WI

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Tranquil land with development potential near Mequon Road.

    Type:LAND
    Property size:
    7,098 SF
    Lot size:
    1.64 Acres
    Price / SF:
    $25/SF
    Added:
    Aug 29, 2023
    Days on Market:
    974
    Last Refresh:
    Apr 5 at 8:54 pm

    Property Features for 10950 N Cedarburg Rd

    General Information

    Standard status
    Active
    Size
    7,098 SF
    Lot size
    1.64 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Robert Flood
    Robert Flood

    Listing agent Robert Flood

    Listing office Founders 3 Real Estate Services - Corporate

    Listing date Aug 29, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Founders 3 Real Estate Services - Corporate

    Overview

    Land by Milwaukee River

    This private and tranquil site features lush trees and a unique location along the Milwaukee River, presenting a future development opportunity. The property is conveniently located near numerous retail and dining options on Mequon Road. Primary access is facilitated by I-43, Hwy 57, and 181. The property size is 7098 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mequon
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.9803
    Latitude
    43.2177

    Nearby Similar for Sale

    • $799,000

      Mequon Vacant Land Opportunity

      Two-acre homesite ready for custom residence in Hawks Landing.
      13965 N Pine Bluff Rd, Mequon, WI 53097
      View Details
    • $475,000

      Mequon Agriculture Land For Sale

      12.14 acres of land zoned for single-family homes.
      Lot 1 W Highland Rd, Mequon, WI 53097
      View Details
    • $249,900

      Mequon Homesite Opportunity

      Residential lot available in desirable Mequon neighborhood.
      Lt21 Highland Meadows -, Mequon, WI 53097
      View Details
    • Contact for pricing

      Vacant Land Parcel on Mequon

      Vacant land parcel along Mequon Road near Foxtown and The Reserve.
      Mequon Rd, Mequon, WI 53092
      View Details
    • Contact for pricing

      Land on Mequon Road

      Land available near Foxtown and The Reserve.
      W Mequon Rd, Mequon, WI 53092
      View Details
    • $1,150,000
      1,725 SF

      Mequon Retail Space For Rent

      Retail space available in a modern building with ample parking.
      10040-10046 N Port Washington Rd, Mequon, WI
      View Details
    • Contact for pricing
      12,010 SF

      Mequon Office Property For Sale

      Recently renovated office property with high-end finishes and multiple tenants.
      1535-1539 W Market St, Mequon, WI
      View Details
    • $1,349,000
      98,445 SF

      Mequon Land on High-Traffic Road

      2.3 acres in Mequon, WI, with high traffic exposure.
      10401 North Cedarburg Road, Mequon, WI 53092
      View Details
    • $1,150,000
      7,500 SF

      Mequon Commercial Building For Sale

      High-visibility commercial building with ample parking and modern design.
      10040-46 N Port Washington Rd, Mequon, WI 53092
      View Details
    • Contact for pricing

      Premier Business Park in Mequon

      Mequon's premier business park, a specialty property for sale.
      Commerce Dr, Mequon, WI 53092
      View Details
    • $849,000

      Land For Sale Mequon, WI

      Land available for sale in Mequon, Wisconsin.
      7626 W Donges Bay Rd, Mequon, WI
      View Details
    • $1,100,000
      4,335 SF

      Mequon Office Building For Sale

      Well-kept office building with high-end finishes and covered parking.
      11057 N Towne Square Rd, Mequon, WI
      View Details

    FAQs

    What type of property is this?
    Land - Tranquil land with development potential near Mequon Road.
    Where is this land located?
    The property is located at 10950 N Cedarburg Rd Mequon, WI.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Private and tranquil site along the Milwaukee River; Future development opportunity; Lush trees
    (414) 530-7000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Flood
    Robert Flood
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!