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    1294 Washington St Grafton, WI 53024

    For Sale
    $1,400,000

    1.67 Acres, Prime Grafton Location. Commercial Zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.67-acre commercial land parcel presents a unique development opportunity in the thriving Grafton, Wisconsin market. Located at 1294 Washington St, this property boasts a prime location within a bustling retail corridor, offering significant potential for various commercial ventures. The land is zoned for commercial use, eliminating zoning hurdles and streamlining the development process. The absence of restrictions on medical or banking establishments further broadens the scope of potential projects. The asking price is $1,400,000. This property consists of four parcels, with APNs: 10-019-01-020.00, 10-019-01-013.00, 10-019-01-020.0 & 10-019-01-011.01. Situated in Ozaukee County, Wisconsin, zip code 53024, this location benefits from its position within a regional trade area and a growing municipality. The scarcity of development-ready land in this retail-focused area makes this an exceptional investment opportunity for developers seeking a strategic foothold in a vibrant and expanding market. The property's latitude and longitude coordinates are 43.320851 and -87.930002 respectively.

    Property Features for 1294 Washington St

    General Information

    Property type
    Land
    Lot Size
    72,745 SF

    HighLights

    • 1.67‑acre commercial land parcel in Grafton, WI's thriving retail corridor.
    • Prime location with commercial zoning, allowing for diverse development, including medical and banking uses.
    • $1,400,000 asking price; four parcels (APN: 10‑019‑01‑020.00, 10‑019‑01‑013.00, 10‑019‑01‑020.0, 10‑019‑01‑011.01).
    • Rare development opportunity in a growing Ozaukee County municipality within a strong regional trade area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    Grafton
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.930002
    Latitude
    43.320851

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    FAQs

    What type of property is this?
    Land - 1.67 Acres, Prime Grafton Location. Commercial Zoning.
    Where is this land located?
    The property is located at 1294 Washington St Grafton, WI.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 1.67-acre commercial land parcel in Grafton, WI's thriving retail corridor.; Prime location with commercial zoning, allowing for diverse development, including medical and banking uses.; $1,400,000 asking price; four parcels (APN: 10-019-01-020.00, 10-019-01-013.00, 10-019-01-020.0, 10-019-01-011.01).
    Request Owner's contact information
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    Grafton, WI 53024
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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
    1294 Washington St Grafton, WI 53024
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