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    I-94 116Th St Pleasant Prairie, WI 53158

    Sponsored
    For Sale
    $6,969,600

    32 Acres, Prime Location, $6.97M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 32-acre industrial land parcel, located at the intersection of I-94 and 116th Street in Pleasant Prairie, Wisconsin, presents a unique development opportunity. Zoned AG, the property boasts unparalleled visibility from I-94, offering easy access via a full four-way interchange. Its strategic location provides convenient access to major transportation hubs, including a 30-minute drive to General Mitchell International Airport, a 35-minute drive to downtown Milwaukee, a 40-minute drive to O'Hare International Airport, and a one-hour drive to downtown Chicago. This prime location benefits from a large, skilled labor pool drawn from both the Chicago and Milwaukee metropolitan areas. The property's proximity to the Illinois/Wisconsin border (less than half a mile) expands its market reach significantly. The asking price is $6,969,600, with a land value of $5 per square foot. The property's APN is 92-4-122-303-0300. This is a non-divisible parcel ideal for large-scale industrial development. The property's size and location make it an exceptional investment opportunity for developers and investors seeking a strategic foothold in a thriving regional market. This is a rare opportunity to acquire a significant land holding with exceptional access and visibility.

    Property Features for I-94 116Th St

    General Information

    Property type
    Land
    Lot Size
    1,393,920 SF

    HighLights

    • High‑profile location with excellent expressway visibility.
    • Convenient access to a full four‑way interchange at I‑94 and Hwy.
    • 30‑minute commute to General Mitchell International Airport.
    • 35‑minute drive to Downtown Milwaukee.
    • 40‑minute drive to O'Hare International Airport.
    • One‑hour drive to Downtown Chicago.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hotel & Motel Food Market Storage Facility Bar & Pub Electrical Service Electronics Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Prairie
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.951150721643
    Latitude
    42.512093968496

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    FAQs

    What type of property is this?
    Land - 32 Acres, Prime Location, $6.97M
    Where is this land located?
    The property is located at I-94 116Th St Pleasant Prairie, WI.
    What is the asking price?
    The asking price for this property is $6,969,600.
    What are key features of this property?
    This property features: High-profile location with excellent expressway visibility.; Convenient access to a full four-way interchange at I-94 and Hwy.; 30-minute commute to General Mitchell International Airport.
    Request Owner's contact information
    I-94 116Th St Pleasant Prairie, WI 53158
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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
    I-94 116Th St Pleasant Prairie, WI 53158
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