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    11044 Wauwatosa Rd Mequon, WI 53097

    For Sale
    $459,000

    1.71 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.71-acre property in Mequon, Wisconsin, presents a unique investment opportunity. Located at 11044 North Wauwatosa Road, this R-3 Suburban Residential zoned lot offers significant potential for residential or commercial development. Currently featuring a 1,100 square foot, one-story home built in 1949 with a full basement and a 2 ½-car garage, the property provides immediate income potential or a comfortable base for future plans. The mature wooded lot sits on a sizable 1.71-acre parcel (APN: 140270600800), offering ample space for a variety of projects. The asking price is $459,000, translating to approximately $268,421 per acre. Situated at the intersection of two major commercial thoroughfares, this location offers excellent visibility and accessibility. The property's strategic position allows for potential consolidation with neighboring parcels, creating the possibility of assembling nearly 10 acres for a larger-scale redevelopment project. 2022 property taxes totaled $2,903.14. This is a rare chance to acquire a substantial land holding in a highly desirable and affluent Milwaukee suburb. The existing structure provides immediate utility while the expansive lot size and prime location offer considerable long-term value and development potential.

    Property Features for 11044 Wauwatosa Rd

    General Information

    Property type
    Land
    Lot Size
    74,488 SF

    HighLights

    • Mature wooded 1.71‑acre lot with existing 1,100 sq ft single‑family home and 2.5‑car garage.
    • $459,000 list price ($268,421/acre).
    • One‑story home with full basement.
    • Approximately 1,100 square feet.
    • Built in 1949.
    • R‑3 Suburban Residential zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mequon
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -88.0031301
    Latitude
    43.2192378

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    FAQs

    What type of property is this?
    Land - 1.71 Acres, Prime Location
    Where is this land located?
    The property is located at 11044 Wauwatosa Rd Mequon, WI.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: Mature wooded 1.71-acre lot with existing 1,100 sq ft single-family home and 2.5-car garage.; $459,000 list price ($268,421/acre).; One-story home with full basement.
    (414) 270-4112
    Request Owner's contact information
    11044 Wauwatosa Rd Mequon, WI 53097
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    Mequon, WI 53097
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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
    11044 Wauwatosa Rd Mequon, WI 53097
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