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Racine Development Opportunity
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4801 Washington Ave, Racine, WI 53406

4.86-acre commercial property in high-traffic Racine location.

Property SizeContact for details
Lot Size4.86 Acres
Days on Market791

Property Features for 4801 Washington Ave

General Information

Standard status Active
Lot size 4.86 Acres
Property subtype Hospitality, Land, Multifamily, Retail, Senior Living
Zoning B-2 Community Shopping
Investment Type Redevelopment
Listing Agency: Colliers - Rosemont, Illinois
Listed By: Anne Dempsey · License #471.005418
Source: Crexi
Added: Aug 20, 2024 Changed: Oct 13 Last Checked: Oct 19 at 4:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Rosemont, Illinois

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Investment Insights

Based on property information with market context.

Located at 4801 N. Washington Avenue in Racine, WI, this 4.86-acre property presents a development opportunity suitable for commercial, retail, multifamily, or hotel projects. The site benefits from a high-traffic location with approximately 30,000 vehicles passing daily. Water and sewer access are available. The property's B-2 zoning (Community Shopping) allows for a variety of uses. The seller is motivated. The location offers proximity to major routes and abundant retail amenities.

Key Highlights

  • Prime 4.86‑acre development opportunity with B‑2 zoning allowing for commercial, retail, multifamily, or hotel use.
  • Located in a high‑traffic area with 30,000 vehicles per day.
  • Attractively priced at $1,200,000 with a motivated seller.

Property Analytics

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Suggested Use

Top Pick Building Supply Law Firm Restaurant Big Box & Wholesale Store Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

Demographics for 53406, WI

27,078
Population
11,634
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
93%
High-School Grad
16.4 sq mi
ZIP Area
1,651
Density / Sq Mi
$78,427
Median Household Income
$46,745
Median Earnings
$990
Median Rent
$262,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - 4.86-acre commercial property in high-traffic Racine location.
Where is this commercial land located?
The property is located at 4801 Washington Ave Racine, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime 4.86‑acre development opportunity with B‑2 zoning allowing for commercial, retail, multifamily, or hotel use.; Located in a high‑traffic area with 30,000 vehicles per day.; Attractively priced at $1,200,000 with a motivated seller.
(847) 698-8269 Call to check price and availability
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