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Commercial Land for Multifamily Development

2033 North Prospect Avenue, Milwaukee, WI 53202

For Sale
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RM7 zoning permits dense multifamily construction without a variance or rezoning.

Property SizeContact for details
Days on Market44

Property Features for 2033 North Prospect Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood Northpoint
Listing Agency: Milwaukee Executive Realty
Listed By: Adrian Troff · License WI 112478-94
Source: Crexi
Added: Sep 28 Changed: Nov 8 Last Checked: Nov 10 at 8:52AM

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 Milwaukee Executive Realty

Rey
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Investment Insights

Based on property information with market context.

The offering at 2033 North Prospect Avenue consists of two adjoining, double-depth lots with a combined area of 7,200 square feet. RM7 zoning allows dense, vertically oriented multifamily construction without a variance or rezoning. The property has frontage on both Prospect Avenue and Windsor Place.

The site is within a few blocks of Whole Foods, Landmark Lanes, and the Oriental Theatre. Nearby bus routes and the beach are also noted among the surrounding area’s features.

Key Highlights

  • Two side‑by‑side, double‑deep lots totaling 7200SF
  • 60 feet of frontage on Prospect Avenue and 120 feet on Windsor Place
  • RM7 zoning allows dense multifamily construction without a variance or rezoning

Property Analytics

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Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,309
Businesses Nearby

Demographics for 53202, WI

27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Milwaukee County

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Frequently Asked Questions

What type of property is this?
Commercial land - RM7 zoning permits dense multifamily construction without a variance or rezoning.
Where is this commercial land located?
The property is located at 2033 North Prospect Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two side‑by‑side, double‑deep lots totaling 7200SF; 60 feet of frontage on Prospect Avenue and 120 feet on Windsor Place; RM7 zoning allows dense multifamily construction without a variance or rezoning
(715) 808-3064 Call to check price and availability
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