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    Towncenter Dr Glendale, WI 53217

    For Sale
    $1,500,000

    Prime 1-acre development site near Bayshore.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.01-acre commercial land parcel presents a unique investment opportunity in Glendale, Wisconsin. Located at W Towncenter Dr, 53217, this property boasts a PD zoning designation, allowing for a variety of development options. Situated within the thriving Bayshore Town Center, this site benefits from its strategic location at a major intersection on Milwaukee's North Shore, with high visibility from I-43. The surrounding area features a robust mix of retail, office, and residential properties, including prominent national retailers like Target and Total Wine & More, as well as a new Culver's and the Lydell Apartments. Bayshore itself comprises over 350,000 square feet of retail and office space, anchored by nearly 80 national and local retailers, ensuring high foot traffic and visibility for any new development. The site is ideally suited for medical, hospitality, or retail projects, offering excellent access and proximity to major thoroughfares like Port Washington Avenue and Silver Spring Drive. With a parking ratio of 4 spaces per 1,000 square feet, ample parking is readily accommodated within the development plans. This prime location and flexible zoning make this a truly exceptional opportunity for developers seeking a high-impact project in a thriving commercial hub. The asking price for this exceptional property is $1,500,000.

    Property Features for 0 Towncenter Dr

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • $1,500,000 asking price.
    • 1.01‑acre commercial land parcel.
    • PD zoning.
    • 4 parking spaces per 1,000 sq ft.
    • Prime Glendale, WI location near Bayshore Shopping Center, easily accessible from I‑43.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Glendale
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.91333949
    Latitude
    43.12321751

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    FAQs

    What type of property is this?
    Land - Prime 1-acre development site near Bayshore.
    Where is this land located?
    The property is located at Towncenter Dr Glendale, WI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 1.01-acre commercial land parcel.; PD zoning.
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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
    Towncenter Dr Glendale, WI 53217
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