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    6160 Waterford Ct Milwaukee, WI 53220

    Sponsored
    For Sale
    $395,000

    Two prime commercial parcels, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering consists of two vacant land parcels totaling 2.5 acres located in Milwaukee, Wisconsin, at 6160 & 6201 W Waterford Ct, zip code 53220. The property is zoned PD and presents a unique opportunity for developers seeking a strategic location. Parcel 6160 encompasses approximately 1.22 acres, while Parcel 6201 comprises approximately 1.28 acres. The site boasts easy access to I-43, providing excellent connectivity and convenient transportation links. The area is characterized by a dense demographic, offering a strong potential market for various development projects. A retention pond is already in place on the southern parcel. Preliminary assessments suggest the land could potentially support the development of up to 34 units, although this is subject to further due diligence and necessary approvals. The property is situated in beautiful, open surroundings adjacent to a park area, offering an attractive environment for future residents or businesses. The asking price for this combined land parcel is $395,000. This represents a compelling investment opportunity in a thriving Milwaukee location.

    Property Features for 6160 Waterford Ct

    General Information

    Property type
    Land

    HighLights

    • Two vacant land parcels totaling 2.5 acres in Milwaukee, WI.
    • Located at 6160 & 6201 W Waterford Ct, zip code 53220, zoned PD.
    • Parcel sizes: 1.22 acres and 1.28 acres.
    • Excellent I‑43 access.
    • Potential for up to 34 units (subject to due diligence and approvals).
    • $395,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.990764
    Latitude
    42.971012

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    FAQs

    What type of property is this?
    Land - Two prime commercial parcels, ideal for development.
    Where is this land located?
    The property is located at 6160 Waterford Ct Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Two vacant land parcels totaling 2.5 acres in Milwaukee, WI.; Located at 6160 & 6201 W Waterford Ct, zip code 53220, zoned PD.; Parcel sizes: 1.22 acres and 1.28 acres.
    Request Owner's contact information
    6160 Waterford Ct Milwaukee, WI 53220
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    Milwaukee, WI 53220
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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
    6160 Waterford Ct Milwaukee, WI 53220
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