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    22044 Mclaughlin Rd Sussex, WI 53089

    Sponsored
    For Sale
    $575,000

    Prime Sussex location, commercial & residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.123-acre property in Sussex, Wisconsin, presents a unique investment opportunity. Located at 22044 Mc Laughlin Rd, 53089, Waukesha County, this mixed-use parcel offers significant development potential. The land is strategically divided, with approximately 2 acres zoned residential, situated north of McLaughlin Road, and approximately 6.6 acres zoned commercial, located south of McLaughlin Road. Both portions are buildable. The property's current zoning is commercial, allowing for a variety of uses. Currently generating a monthly rental income of $650 from month-to-month tenants, this presents an immediate return on investment. The seller is open to separating the parcels, providing flexibility for buyers interested in either residential or commercial development. This prime location in Sussex offers easy access to major transportation routes and amenities, making it an ideal site for a diverse range of projects. The property's latitude and longitude coordinates are 43.13910397321345, -88.18546400121404 respectively. The asking price for the entire 9.123-acre parcel is $575,000.

    Property Features for 22044 Mclaughlin Rd

    General Information

    Property type
    Retirement homes
    Lot Size
    397,398 SF

    HighLights

    • 9.123‑acre parcel available for $575,000.
    • Divisible parcel.
    • ~2 acres residentially zoned, buildable land north of McLaughlin Rd.
    • ~6.6 acres commercially zoned, buildable land south of McLaughlin Rd.
    • Generating $650/month in current rent (month‑to‑month tenants).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Restaurant Hair Salon Gym & Fitness Pharmacy Building Supply Auto Repair Shop Wholesale Shop Daycare Center Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Sussex
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.185464001214
    Latitude
    43.139103973213

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    FAQs

    What type of property is this?
    Retirement home - Prime Sussex location, commercial & residential potential.
    Where is this retirement home located?
    The property is located at 22044 Mclaughlin Rd Sussex, WI.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: 9.123-acre parcel available for $575,000.; Divisible parcel.; ~2 acres residentially zoned, buildable land north of McLaughlin Rd.
    Request Owner's contact information
    22044 Mclaughlin Rd Sussex, WI 53089
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    Sussex, WI 53089
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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
    22044 Mclaughlin Rd Sussex, WI 53089
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