Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Hwy 172 Green Bay, WI 54304

    Sponsored
    For Sale
    $4,000,000

    Mixed-use development opportunity, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.389-acre parcel, located on Highway 172 in Ashwaubenon, Wisconsin (zip code 54304), presents a unique investment opportunity. Situated in Brown County, this property boasts a prime waterfront location on the Fox River, offering unparalleled visibility and accessibility. The land is zoned B-3 Community Business and Level C Airport Zoning, allowing for a variety of mixed-use developments, including retail, multifamily, office, and industrial uses. The property's strategic location along the heavily trafficked Highway 172 ensures high visibility and convenient access for a large workforce and customer base from surrounding towns like Green Bay and Appleton. Further enhancing its appeal, this development is designated as an Opportunity Zone, providing significant tax advantages for investors. The asking price is $4,000,000, translating to approximately $1,180,289 per acre. A ground lease is available. This single-parcel site offers developers the chance to create a transformative project that will benefit both the local community and the greater Green Bay area. The property's flexible zoning and prime location make it an ideal investment for those seeking high-impact development potential.

    Property Features for 0 Hwy 172

    General Information

    Property type
    Multifamily properties
    Lot Size
    147,625 SF

    HighLights

    • Opportunity Zone designation.
    • Flexible zoning allows for diverse uses.
    • 3.389‑acre lot.
    • Single‑parcel offering.
    • Excellent central Wisconsin location.
    • Easy access to Highway 172.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.0705273
    Latitude
    44.4804313

    Nearby Similar for Sale

    • $1,299,900
      28,560 SF

      Green Bay Office Building

      Spacious office building with executive spaces and parking.
      414 E Walnut St, Green Bay, WI 54301
      View Details
    • $399,900
      3,304 SF

      Green Bay Duplex Opportunity

      Duplex in Green Bay, great for owner-occupancy or investment.
      1433 Baumgart Rd, Green Bay, WI 54304
      View Details
    • $650,000
      2,496 SF

      Updated Duplex Near Lambeau Field

      Updated 6BR duplex near Lambeau Field with income potential.
      2104 Elmview Dr, Green Bay, WI 54304
      View Details
    • $399,900
      3,050 SF

      Well-Maintained Duplex in Bellevue

      Duplex in Bellevue with great rental history on 0.99 acres.
      2245 Allouez Ave, Green Bay, WI 54311
      View Details
    • $999,999
      2,048 SF

      Turn-Key Duplex Near Lambeau Field

      Duplex near Lambeau Field with high-end finishes and rental income.
      1839 S Oneida St, Green Bay, WI 54304
      View Details
    • $400,000
      3,204 SF

      Green Bay Multifamily Investment Opportunity

      Multifamily property with immediate cash flow in Green Bay.
      1015 E Walnut St, Green Bay, WI 54301
      View Details
    • $649,900
      19,236 SF

      Historical Green Bay Commercial Building

      Historical Green Bay building with commercial or residential conversion potential.
      815 Chicago St, Green Bay, WI 54301
      View Details
    • $509,900
      3,160 SF

      Green Bay Duplex in Howard

      Spacious duplex in Howard with income potential and modern amenities.
      1774 Cabinet Maker Ct, Green Bay, WI 54303
      View Details
    • $409,900
      2,552 SF

      Spacious Duplex in Green Bay

      Investment opportunity: spacious duplex with rental history in Green Bay.
      2808 Aquarius Rd, Green Bay, WI 54311
      View Details
    • $750,000
      2,560 SF

      Turnkey Restaurant and Real Estate

      Established restaurant with real estate in Green Bay's Broadway District.
      201 S Broadway, Green Bay, WI 54302
      View Details
    • $179,900
      1,747 SF

      Green Bay Duplex with Potential

      Charming duplex in Green Bay with income potential.
      828 Mather St, Green Bay, WI 54303
      View Details
    • New
      $295,000
      2,432 SF

      Well-Maintained Green Bay Multi-Family

      Clean upper-lower duplex with strong rental history and large garage.
      1174 Cherry St, Green Bay, WI 54301
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Mixed-use development opportunity, prime location.
    Where is this multifamily property located?
    The property is located at Hwy 172 Green Bay, WI.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Opportunity Zone designation.; Flexible zoning allows for diverse uses.; 3.389-acre lot.
    Request Owner's contact information
    Hwy 172 Green Bay, WI 54304
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hwy 172
    Green Bay, WI 54304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Hwy 172 Green Bay, WI 54304
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.