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    Centralia St Elkhorn, WI 53121

    For Sale
    $395,000

    Prime Elkhorn commercial lot, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.9-acre commercial land parcel, located on E Centralia St in Elkhorn, Wisconsin (zip code 53121), presents a unique investment opportunity. The property, identified by APN YA399900002, is zoned B-6, allowing for a variety of commercial uses. Its significant size offers ample space for development, and its strategic location provides exceptional visibility from I-43 freeway. The lot boasts convenient access to Elkhorn's main thoroughfares, ensuring high traffic exposure for any business. Utilities are readily available, with water, sewer, and power already at the lot line, significantly reducing development costs and timelines. This property is priced at $399,000 and represents a compelling chance to establish a thriving commercial venture in a rapidly growing area of Walworth County. The coordinates are 42.6645187 latitude and -88.5323531 longitude. Don't miss this chance to acquire this highly desirable commercial land.

    Property Features for 0 Centralia St

    General Information

    Property type
    Land
    Lot Size
    169,884 SF

    HighLights

    • Large lot with existing water and sewer infrastructure.
    • High visibility from I‑43 freeway.
    • Excellent access to Elkhorn's major thoroughfares.
    • Power readily available at the lot line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elkhorn
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.5323531
    Latitude
    42.6645187

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    FAQs

    What type of property is this?
    Land - Prime Elkhorn commercial lot, excellent visibility.
    Where is this land located?
    The property is located at Centralia St Elkhorn, 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: Large lot with existing water and sewer infrastructure.; High visibility from I-43 freeway.; Excellent access to Elkhorn's major thoroughfares.
    (414) 858-5226
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    Centralia St Elkhorn, WI 53121
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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
    Centralia St Elkhorn, WI 53121
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