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    8088 27Th St Oak Creek, WI 53154

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    For Sale
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    4.15 Acres, Multi-Family Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.15-acre parcel, located at 8088 S 27th St in Oak Creek, Wisconsin, presents a prime opportunity for multi-family development. The property boasts a highly desirable location, offering excellent freeway access and proximity to major retail destinations, including IKEA and the Northwestern Mutual campus. The parcel's APN is 8109979000, and its zoning is a blend of B4 and RS2 classifications, providing flexibility for various development plans. The address is conveniently situated in Milwaukee County, Wisconsin, with a zip code of 53154. The geographic coordinates are 42.8982397 latitude and -87.9496084 longitude. Future land use designations specifically support multi-family residential construction, making this an ideal site for investors seeking to capitalize on the strong demand for housing in this thriving area. The significant lot size allows for substantial development potential, catering to a range of project scales and designs. This property's strategic location and zoning make it a compelling investment opportunity for developers looking to create a successful multi-family residential community. The high traffic volume of the nearby retail corridor ensures strong visibility and accessibility for future residents. This is a rare chance to acquire a large, well-situated parcel ready for immediate development.

    Property Features for 8088 27Th St

    General Information

    Property type
    Land
    Lot Size
    180,774 SF

    HighLights

    • 4.15‑acre residential land parcel in Oak Creek, WI.
    • Zoned B4 and RS2, suitable for multi‑family development.
    • Located near major retail and Northwestern Mutual's campus, offering excellent freeway access.
    • APN: 8109979000.
    • Address: 8088 S 27th St, Oak Creek, WI 53154.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9496084
    Latitude
    42.8982397

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 4.15 Acres, Multi-Family Potential
    Where is this land located?
    The property is located at 8088 27Th St Oak Creek, WI.
    What are key features of this property?
    This property features: 4.15-acre residential land parcel in Oak Creek, WI.; Zoned B4 and RS2, suitable for multi-family development.; Located near major retail and Northwestern Mutual's campus, offering excellent freeway access.
    (262) 389-4924
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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
    8088 27Th St Oak Creek, WI 53154
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