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    701 Capitol Dr Hartland, WI 53029

    Sponsored
    For Sale
    $600,000

    Prime 2.2-acre lot, multifamily zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.2-acre commercial land parcel, located at 701 W Capitol Dr in Hartland, Wisconsin (zip code 53029), presents a unique multifamily development opportunity. Zoned for multi-family use, this property offers significant potential for investors seeking to capitalize on the growing demand for housing in the area. The asking price is $600,000. The site boasts a highly desirable location, situated next to the Three Leaf Development and a new Kwik Trip convenience store, ensuring high visibility and convenient access for future residents. Its placement within the Tif District further enhances its appeal and potential for development. The property's 2.2-acre size provides ample space for a substantial multifamily project, allowing for flexibility in design and unit density. Detailed site plans and zoning information are readily available upon request. This is an exceptional opportunity to acquire a strategically located parcel of land in a thriving Wisconsin community, poised for significant growth and return on investment. Serious inquiries only.

    Property Features for 701 Capitol Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    95,832 SF

    HighLights

    • 2.2‑acre multifamily development site in Hartland, WI (53029).
    • Adjacent to Three Leaf Development and a new Kwik Trip.
    • Located within the Tif District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hartland
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.3594663
    Latitude
    43.1003157

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Multifamily property - Prime 2.2-acre lot, multifamily zoning.
    Where is this multifamily property located?
    The property is located at 701 Capitol Dr Hartland, WI.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 2.2-acre multifamily development site in Hartland, WI (53029).; Adjacent to Three Leaf Development and a new Kwik Trip.; Located within the Tif District.
    Request Owner's contact information
    701 Capitol Dr Hartland, WI 53029
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    Hartland, WI 53029
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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
    701 Capitol Dr Hartland, WI 53029
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