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    Spg St Mount Pleasant, WI 53177

    Sponsored
    For Sale
    $4,725,100

    Prime I-94 Commercial Land, Wisconsin

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 47.251-acre commercial land parcel presents a significant development opportunity in Mount Pleasant, Wisconsin. Located in Racine County, with a convenient Spring Street address and zip code 53177 (APN 151032207018000), this property boasts unparalleled visibility and accessibility. Priced at $4,725,100 ($100,000/acre), it offers substantial value for developers seeking a strategic location. The site's key advantage is its proximity to I-94's on/off ramps, ensuring high traffic exposure and convenient access for businesses and commuters. Situated just north of the Wisconsin/Illinois border, the property benefits from access to traffic flows from both states. With over 96,000 vehicles passing daily along I-94, this location guarantees exceptional visibility for any development. This is a rare opportunity to acquire a large, strategically located parcel of commercial land with significant potential for a variety of uses. The property's size and location make it ideal for a wide range of commercial developments, offering investors a compelling opportunity for significant return. Detailed site plans and further information are available upon request.

    Property Features for 0 Spg St

    General Information

    Property type
    Land
    Lot Size
    2,058,254 SF

    HighLights

    • Excellent I‑94 visibility and access via nearby on/off ramps.
    • Strategic location just north of the Wisconsin/Illinois border, capturing traffic from both states.
    • High‑traffic exposure with over 96,000 vehicles per day (VPD) on I‑94.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Pleasant
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.951815221962
    Latitude
    42.734118519029

    Nearby Comparable

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    Nearby Similar for Sale

    • $600,000
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    FAQs

    What type of property is this?
    Land - Prime I-94 Commercial Land, Wisconsin
    Where is this land located?
    The property is located at Spg St Mount Pleasant, WI.
    What is the asking price?
    The asking price for this property is $4,725,100.
    What are key features of this property?
    This property features: Excellent I-94 visibility and access via nearby on/off ramps.; Strategic location just north of the Wisconsin/Illinois border, capturing traffic from both states.; High-traffic exposure with over 96,000 vehicles per day (VPD) on I-94.
    Request Owner's contact information
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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
    Spg St Mount Pleasant, WI 53177
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