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    Honey Crk Rd & Executive Dr East Troy, WI 53120

    Sponsored
    For Sale
    $749,000

    Prime I-43 development site, 16.7 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16.714-acre commercial and industrial land parcel presents a remarkable opportunity for development in the thriving East Troy Business Park. Boasting over 1,500 feet of frontage on I-43, this site offers unparalleled visibility and accessibility for businesses seeking high traffic exposure. The property is zoned HB (Highway Business), permitting a wide range of uses including, but not limited to, retail, office, hospitality, or automotive sales. Its strategic location at the intersection of Honey Creek Road and Executive Drive in Walworth County, Wisconsin (zip code 53120), provides convenient access to major transportation routes. The high traffic counts of 21,700 vehicles per day on I-43 and 6,300 vehicles per day on Highway 120 ensure significant potential for customer reach. The parcel ID is RA376700001. 2015 property taxes were $10,690.32. This is a truly exceptional opportunity to capitalize on a prime location with significant development potential. The asking price for this expansive property is $749,000.

    Property Features for 0 Honey Crk Rd & Executive Dr

    General Information

    Property type
    Land
    Lot Size
    728,062 SF

    HighLights

    • High visibility from I‑43.
    • Suitable for retail, office, hospitality, or automotive uses.
    • Over 1,500 feet of I‑43 frontage.
    • 16.714‑acre lot.
    • Located in the Village of East Troy.
    • Parcel ID: RA376700001.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Troy
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.400196848159
    Latitude
    42.775420560732

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    FAQs

    What type of property is this?
    Land - Prime I-43 development site, 16.7 acres.
    Where is this land located?
    The property is located at Honey Crk Rd & Executive Dr East Troy, WI.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: High visibility from I-43.; Suitable for retail, office, hospitality, or automotive uses.; Over 1,500 feet of I-43 frontage.
    Request Owner's contact information
    Honey Crk Rd & Executive Dr East Troy, WI 53120
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    East Troy, WI 53120
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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
    Honey Crk Rd & Executive Dr East Troy, WI 53120
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