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    I-94 Interchange Oak Creek, WI 53154

    For Sale
    Contact for pricing

    18.2 Acres Commercial Land, Oak Creek, WI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 18.2-acre commercial land parcel presents a prime development opportunity in Oak Creek, Wisconsin, a rapidly expanding submarket of the greater Milwaukee metro area. Strategically located at the intersection of I-94 and Drexel Avenue, this site benefits from unparalleled accessibility. The recently upgraded eight-lane I-94 provides seamless connectivity to both Milwaukee and Chicago markets, ensuring high visibility and convenient access for businesses. The property is situated near significant recent developments, including Wisconsin's first Ikea (directly to the north) and the Drexel Town Square civic-business partnership, indicating a thriving and expanding commercial landscape. The land is available for sale in its entirety or can be divided to accommodate various development plans. This location has seen substantial growth in retail and industrial sectors, making it an ideal investment for developers seeking to capitalize on this dynamic market. The property's size and location offer significant potential for a wide range of commercial ventures. Detailed information regarding pricing is available upon request. The property's address is Drexel Avenue & I-94 Interchange, Oak Creek, WI 53154, within Milwaukee County.

    Property Features for I-94 Interchange

    General Information

    Property type
    Land
    Lot Size
    792,792 SF

    HighLights

    • 18.2‑acre commercial land parcel in Oak Creek, WI, a Milwaukee submarket.
    • Prime location at I‑94 and Drexel Avenue interchange offers high visibility and accessibility.
    • Near new Ikea and Drexel Town Square, reflecting strong area growth.
    • Divisible parcel suitable for various development plans.
    • Ideal for retail or industrial development in a thriving market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.896571
    Latitude
    42.9009719

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    FAQs

    What type of property is this?
    Land - 18.2 Acres Commercial Land, Oak Creek, WI
    Where is this land located?
    The property is located at I-94 Interchange Oak Creek, WI.
    What are key features of this property?
    This property features: 18.2-acre commercial land parcel in Oak Creek, WI, a Milwaukee submarket.; Prime location at I-94 and Drexel Avenue interchange offers high visibility and accessibility.; Near new Ikea and Drexel Town Square, reflecting strong area growth.
    (414) 347-9400
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    I-94 Interchange Oak Creek, WI 53154
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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
    I-94 Interchange Oak Creek, WI 53154
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