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    1951 Washington St Grafton, WI 53024

    For Sale
    $475,000

    1.24-acre commercial lot, R-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.24-acre commercial land parcel presents a unique investment opportunity in Grafton, Wisconsin. Located at 1951 Washington St, this property is zoned R-2, offering a range of potential development options. The expansive lot size provides ample space for various commercial ventures. The property's address is 1951 Washington St, Grafton, WI 53024, situated within Ozaukee County. Its precise geographical coordinates are latitude 43.3198142 and longitude -87.9398439. The asking price for this prime commercial land is $475,000. The parcel is identified by the following Assessor's Parcel Numbers (APNs): 10-019-08-1400, 06-019-07-011.00, and 10-019-08-013.01. This presents a compelling opportunity for developers and investors seeking a strategically located site in a thriving Wisconsin community. The R-2 zoning designation allows for a variety of commercial uses, subject to local regulations and approvals. Interested parties are encouraged to conduct their own due diligence to confirm zoning and development possibilities. This property is being offered for sale as-is.

    Property Features for 1951 Washington St

    General Information

    Property type
    Land
    Lot Size
    54,014 SF

    HighLights

    • 1.24‑acre commercial land parcel in Grafton, WI.
    • Located at 1951 Washington St, Grafton, WI 53024 (Ozaukee County).
    • R‑2 zoning allows for various commercial uses.
    • Asking price: $475,000.
    • Assessor's Parcel Numbers: 10‑019‑08‑1400, 06‑019‑07‑011.00, and 10‑019‑08‑013.01.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.9398439
    Latitude
    43.3198142

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    FAQs

    What type of property is this?
    Land - 1.24-acre commercial lot, R-2 zoning.
    Where is this land located?
    The property is located at 1951 Washington St Grafton, WI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 1.24-acre commercial land parcel in Grafton, WI.; Located at 1951 Washington St, Grafton, WI 53024 (Ozaukee County).; R-2 zoning allows for various commercial uses.
    Request Owner's contact information
    1951 Washington St Grafton, WI 53024
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    Grafton, WI 53024
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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
    1951 Washington St Grafton, WI 53024
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