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    124Th St Milwaukee, WI 53051

    For Sale
    $441,250

    3.53-Acre Commercial Land Parcel in Milwaukee

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.53-acre lot, situated at the intersection of Brown Deer Road and 124th Street in Milwaukee, Wisconsin (zip code 53051), presents a prime opportunity for commercial development. Located within the Westbrook Corporate Center, this property benefits from protective covenants ensuring high-quality design and consistent common area maintenance. The site is ideally suited for a variety of uses, including corporate offices, manufacturing and distribution facilities, research and development operations, or light industrial projects. The Westbrook Corporate Center fosters a supportive community environment and offers build-to-suit options for both sale and lease. This strategic location provides convenient access to a wealth of amenities, including nearby shopping centers, restaurants, daycare facilities, and healthcare services. The area boasts a strong business presence, with established companies such as Actuant, Briggs & Stratton, and Woodman's Food Market already in the vicinity. This parcel offers a unique blend of location advantages, development flexibility, and a commitment to maintaining high standards within a thriving business community. The asking price for this exceptional property is $441,250. This is a rare opportunity to acquire a significant land parcel in a highly desirable Milwaukee location.

    Property Features for 0 124Th St

    General Information

    Property type
    Land
    Lot Size
    153,767 SF

    HighLights

    • $441,250 asking price.
    • 3.53‑acre land parcel.
    • Suitable for corporate offices, manufacturing, distribution, R&D, or light industrial uses.
    • Protected covenants ensure quality design and common area maintenance.
    • Build‑to‑suit options available for sale or lease.
    • Excellent location near amenities including shopping, restaurants, daycare, and healthcare.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0635897
    Latitude
    43.1768563

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    FAQs

    What type of property is this?
    Land - 3.53-Acre Commercial Land Parcel in Milwaukee
    Where is this land located?
    The property is located at 124Th St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $441,250.
    What are key features of this property?
    This property features: $441,250 asking price.; 3.53-acre land parcel.; Suitable for corporate offices, manufacturing, distribution, R&D, or light industrial uses.
    (414) 249-2305
    Request Owner's contact information
    124Th St Milwaukee, WI 53051
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    Milwaukee, WI 53051
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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
    124Th St Milwaukee, WI 53051
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