Property profile

1501 Grandview Pkwy Sturtevant, WI 53177

FOR SALE
Commercial land
Property ID
US92-1382130
3.32 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3.319-acre commercial land parcel, identified by APN 194-03-21-13-029-17, is situated in the thriving Grandview Business Park in Sturtevant, Wisconsin, at 1501 Grandview Pkwy, zip code 53177. Zoned M-3, this property presents a unique opportunity for businesses seeking a strategic location with excellent access to major transportation arteries. The asking price is $722,878, translating to $217,800 per acre. The land boasts a highly desirable location, offering convenient access to Highway 20/11 and I-94, with two full freeway interchanges within a two-mile radius. This prime location provides unparalleled connectivity for distribution, assembly, and light manufacturing operations. Furthermore, the property benefits from proximity to a large pool of skilled labor and a diverse customer base, making it an ideal investment for businesses seeking to establish or expand their operations in a dynamic and well-established industrial park. This is a rare opportunity to acquire a sizable parcel of land in a highly sought-after location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.32 ac (144,619 SF)
APN 194 032113029017
UPID US92-1382130

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1501 Grandview Pkwy Sturtevant, WI 53177
Sturtevant metro Census 1802 RACINE, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$115k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2022
Last sale
$150,000
5 recorded transactions
2022
$150,000
2019
$7.2M
2010
$1.4M
2004
$5.3M
2004
$389,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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