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    112 Rawson Ave Oak Creek, WI 53154

    For Sale
    $1,600,000

    Prime 2.29-acre redevelopment site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.29-acre commercial land assemblage presents a remarkable redevelopment opportunity in the high-growth city of Oak Creek, Wisconsin. Located at 112, 120, and 124 E Rawson Avenue, this property boasts a highly desirable B-4 zoning designation, offering significant flexibility for a wide range of commercial developments. The site is strategically positioned on a fully signalized hard corner, ensuring excellent visibility and accessibility for any future business. Its prime location near General Mitchell International Airport and the recently completed Drexel Town Square provides unparalleled convenience and exposure to a large and growing population. The combined three lots offer a total of 2.29 acres, providing ample space for a substantial project. This is an exceptional opportunity to capitalize on the thriving Oak Creek market and create a landmark commercial development. The property is situated in Milwaukee County, Wisconsin, with a 53154 zip code. This is a rare chance to acquire a significant parcel of land in a highly sought-after location, ideal for investors and developers seeking a prime redevelopment opportunity. Don't miss this chance to secure a piece of Oak Creek's vibrant commercial landscape.

    Property Features for 112 Rawson Ave

    General Information

    Property type
    Land
    Lot Size
    99,752 SF

    HighLights

    • 2.29‑acre commercial land assemblage in Oak Creek, WI.
    • B‑4 zoning allows for diverse commercial development.
    • High‑visibility corner lot at 112, 120, & 124 E Rawson Ave.
    • Excellent location near General Mitchell International Airport and Drexel Town Square.
    • Prime redevelopment opportunity in a high‑growth market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.910361
    Latitude
    42.9164373

    Nearby Comparable

    • Contact for pricing
      4.21 Acres

      Oak Creek Commercial Land - 4.21 Acres

      Prime Redevelopment Site, High Traffic Area
      124 Rawson Ave, Oak Creek, WI 53154
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      8.43 Acres

      Oak Creek Commercial Land

      75,000 SF, prime commercial land
      6340 Howell Ave, Oak Creek, WI 53154
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      Land with Redevelopment Potential

      Land with high visibility near I-94 and Mitchell Airport.
      6337-6339 S Howell Ave, Oak Creek, WI 53154
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    • $980,100

      Prime Commercial Land Opportunity

      Land for sale at a controlled intersection near airport.
      S Howell Ave, Oak Creek, WI 53154
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    • $750,000

      Corner Lot Redevelopment Opportunity

      Hard corner lot with high visibility and redevelopment potential.
      6319 S Howell Ave, Oak Creek, WI 53154
      View Details
    • Contact for pricing

      Land Near Mitchell Airport

      Development opportunity near Mitchell International Airport and I-94.
      506 W College Ave, Milwaukee, WI 53207
      View Details

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    FAQs

    What type of property is this?
    Land - Prime 2.29-acre redevelopment site.
    Where is this land located?
    The property is located at 112 Rawson Ave Oak Creek, WI.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 2.29-acre commercial land assemblage in Oak Creek, WI.; B-4 zoning allows for diverse commercial development.; High-visibility corner lot at 112, 120, & 124 E Rawson Ave.
    (414) 278-6862
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    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
    112 Rawson Ave Oak Creek, WI 53154
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