Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Acre Retail Site For Sale Title is generated by Realmo AI

    6110 Green Bay Rd, Kenosha, WI 53142

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Acre retail site with high traffic count in Kenosha.

    Type:Land
    Lot size:
    1.00 Acre
    Added:
    Aug 20, 2020
    Days on Market:
    2115
    Last Refresh:
    May 12 at 8:54 pm

    Property Features for 6110 Green Bay Rd

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    Land

    We can help!

    Listing Contact
    Marc Frisco

    Listing agent Marc Frisco License #Wi 56189-90

    Listing office RE/MAX Newport Elite

    Listing date Aug 20, 2020

    Source Crexi

    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 RE/MAX Newport Elite

    HighLights

    • Highest traffic count in Kenosha County.
    • Over an acre of flat site, ideal for retail.
    • Sewer and water in place.
    • Can be combined with neighboring parcel for over 3 acres at a hard, lighted corner.
    • Newer 2+ car garage on site.
    • Phase I and II environmental assessments completed on neighboring parcel.

    Overview

    This is an approximately one-acre flat site located in Kenosha County. The property benefits from a high traffic count. A newer two-plus car garage is present on the site; however, the existing structure is considered to have no value. Sewer and water connections are in place. Phase I and II environmental assessments have been completed on the neighboring parcel. The site is considered ideal for retail use. The property can be combined with the neighboring parcel to create a site of over three acres at a hard, lighted corner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.8847609
    Latitude
    42.5804512

    Nearby Similar for Sale

    • $780,000
      6,100 SF

      Multi-Unit Automotive Warehouse

      Freestanding industrial building with multiple overhead doors and multi-tenant automotive configuration on ample parking.
      1329 43rd St, Kenosha, WI 53140
      View Details
    • $950,000
      9,975 SF

      Kenosha Retail Building For Sale

      Approximately 10,000 square foot retail building in Kenosha, Wisconsin.
      4017 80th St, Kenosha, WI 53142
      View Details
    • $625,000
      2,700 SF

      Remodeled Commercial Suite in Kenosha

      Flexible commercial suite with abundant parking and easy access.
      4235 Green Bay Rd, Kenosha, WI 53144
      View Details
    • $570,000

      Kenosha Commercial Property with Licenses

      Family-owned business with licenses, fixtures, and equipment included.
      2827 63rd Street, Kenosha, WI 53143
      View Details
    • $895,000
      3,784 SF

      Kenosha Tavern with Apartment Above

      Established tavern with apartment and additional land near Carthage College.
      1548 Sheridan Rd, Kenosha, WI 53140
      View Details
    • $218,000

      Kenosha Multi-Unit Investment Opportunity

      Multi-unit property with income potential in a convenient Kenosha location.
      6621 18th Ave, Kenosha, WI 53143
      View Details
    • $495,000
      1,976 SF

      Mixed-Use Property in Kenosha, WI

      Mixed-use property with salon and apartment plus adjacent lot.
      6103 23rd Ave, Kenosha, WI 53143
      View Details
    • $1,688,681

      Freestanding Burger King with Drive-Thru

      Single tenant Burger King with drive-thru in Kenosha, Wisconsin.
      6945 75th St , Kenosha, WI 53142
      View Details
    • $850,000

      Prime Commercial Land Opportunity

      Commercial development land with easy access and good visibility.
      12901 Burlington Road, Kenosha, WI 53144
      View Details
    • $850,000

      Kenosha Commercial Development Land

      Prime commercial land with easy access and good visibility.
      12901 Burlington Rd, Kenosha, WI 53144
      View Details
    • $350,000

      Established Bar and Music Venue

      Well-maintained corner property with updates and outdoor space.
      1724 52nd St, Kenosha, WI 53140
      View Details
    • $214,900

      Kenosha Duplex with Income Potential

      Upper/lower duplex in Kenosha with long-term tenants and upside.
      6600 20th Ave, Kenosha, WI 53143
      View Details

    FAQs

    What type of property is this?
    Commercial land - Acre retail site with high traffic count in Kenosha.
    Where is this commercial land located?
    The property is located at 6110 Green Bay Rd Kenosha, WI.
    What is the asking price?
    The asking price for this property is $598,908.
    What are key features of this property?
    This property features: Highest traffic count in Kenosha County.; Over an acre of flat site, ideal for retail.; Sewer and water in place.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Marc Frisco
    Real Estate License ID: Wi 56189-90
    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

    Thank You for Inquiry
    6110 Green Bay Rd, Kenosha, WI 53142
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!