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    Silver Spring Dr Menomonee Falls, WI 53051

    Sponsored
    For Sale
    $249,900

    Prime Sussex, WI development land. Residential & commercial potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.244-acre parcel is ideally situated off Silver Spring Drive in Sussex, Wisconsin, offering significant development potential. Zoned for Planned Residential Development, this flat lot allows for a variety of uses, including single-family, two-family, and multi-family dwellings. The property boasts convenient access to municipal sewer and water utilities located at the lot line, simplifying infrastructure connections. A fill permit is already on file with the current owner, streamlining the grading process for future construction. The high-traffic location, with approximately 14,400 vehicles passing daily according to Wisconsin Department of Transportation data, presents a compelling opportunity for developers seeking high visibility. This prime piece of land in Waukesha County, Wisconsin, presents a rare chance to build in a desirable area with established infrastructure and strong potential for return on investment. The property is located in the Village of Sussex, WI, zip code 53051. This is a truly remarkable opportunity for developers seeking a well-located, ready-to-develop parcel. Asking price is $249,900.

    Property Features for 0 Silver Spring Dr

    General Information

    Property type
    Land
    Lot Size
    315,549 SF

    HighLights

    • Planned Residential Development zoning.
    • Municipal sewer at lot line.
    • Municipal water at lot line.
    • Flat topography.
    • Village municipality.
    • 14,400 VPD (WiDOT traffic count).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Menomonee Falls
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1334334
    Latitude
    43.1192832

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    FAQs

    What type of property is this?
    Land - Prime Sussex, WI development land. Residential & commercial potential.
    Where is this land located?
    The property is located at Silver Spring Dr Menomonee Falls, WI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Planned Residential Development zoning.; Municipal sewer at lot line.; Municipal water at lot line.
    Request Owner's contact information
    Silver Spring Dr Menomonee Falls, 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
    Silver Spring Dr Menomonee Falls, WI 53051
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