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    1 Main St East Troy, WI 53120

    For Sale
    $899,000

    4.08 Acres, Highway Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.08-acre commercial land parcel, located at Lot 1 Main St, East Troy, WI 53120 (APN RA139100001), presents a unique investment opportunity. Zoned HB-Highway Business, this property is ideally suited for a wide range of commercial developments. The Highway Business zoning permits large and small-scale office, retail, service, and lodging uses, aligning with the community's desired character. Its strategic location ensures convenient access for businesses and customers, while thoughtful access requirements minimize traffic impact on surrounding residential areas. The property boasts readily available public sanitary sewer and water services, simplifying development and reducing infrastructure costs. This prime location offers significant potential for substantial return on investment. The asking price is $899,000. Given its size, zoning, and infrastructure access, this property represents a rare opportunity to establish a thriving commercial venture in a desirable Wisconsin location. The property is situated in Walworth County and abuts arterial or major collector streets, ensuring high visibility and accessibility. Serious inquiries are encouraged.

    Property Features for 1 Main St

    General Information

    Property type
    Land
    Lot Size
    177,725 SF

    HighLights

    • 4.08‑acre commercial land parcel in East Troy, WI.
    • Zoned HB‑Highway Business, allowing diverse commercial uses.
    • Convenient access and high visibility due to arterial street frontage.
    • Public sewer and water readily available.
    • Asking price: $899,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    East Troy
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.3821989
    Latitude
    42.7938889

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    FAQs

    What type of property is this?
    Land - 4.08 Acres, Highway Business Zoning
    Where is this land located?
    The property is located at 1 Main St East Troy, WI.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 4.08-acre commercial land parcel in East Troy, WI.; Zoned HB-Highway Business, allowing diverse commercial uses.; Convenient access and high visibility due to arterial street frontage.
    (262) 436-4760
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    1 Main St East Troy, WI 53120
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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
    1 Main St East Troy, WI 53120
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