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    Old Grn Bay Rd Mount Pleasant, WI 53403

    For Sale
    $229,000

    2.9 Acres, C2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.9-acre commercial land parcel presents a compelling investment opportunity in Racine County, Wisconsin. Strategically located between Racine and Kenosha, this property boasts a highly desirable C2 (Moderate Intensity Commercial) zoning designation, permitting a wide array of business uses, from veterinary services and professional offices to retail establishments. Its prime corner location on Old Green Bay Road ensures exceptional visibility and accessibility, further enhanced by its proximity to I-94 via a four-lane highway. Daily traffic counts on Old Green Bay Road exceed 1900 vehicles, while nearby KR and S.H. 31 see significantly higher volumes, reaching 8800 and 22,000 vehicles respectively. The area is experiencing significant residential growth, with numerous single-family and multi-family housing developments either existing or planned, creating a robust and expanding customer base. This property's location, zoning, and high traffic counts combine to create an attractive investment for a variety of commercial ventures. The asking price is $229,000, translating to $78,965 per acre. Seller financing is available. The APN is 151032235050200.

    Property Features for 0 Old Grn Bay Rd

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • $229,000 asking price for 2.9 acres of commercial land.
    • C2 Moderate Intensity Commercial zoning in Mount Pleasant, Wisconsin.
    • Located on Old Green Bay Rd in Racine, WI, 53403, offering excellent visibility and access.
    • Strategic location between Racine and Kenosha, near I‑94.
    • $78,965 per acre land value.
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Pleasant
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.863799805558
    Latitude
    42.668645060024

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    FAQs

    What type of property is this?
    Land - 2.9 Acres, C2 Zoning, High Traffic
    Where is this land located?
    The property is located at Old Grn Bay Rd Mount Pleasant, WI.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: $229,000 asking price for 2.9 acres of commercial land.; C2 Moderate Intensity Commercial zoning in Mount Pleasant, Wisconsin.; Located on Old Green Bay Rd in Racine, WI, 53403, offering excellent visibility and access.
    (262) 939-1414
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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
    Old Grn Bay Rd Mount Pleasant, WI 53403
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