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    1200 13Th Ave South Milwaukee, WI 53172

    Sponsored
    For Sale
    $300,000

    16.74 Acres, M-2 Zoning, $300,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16.74-acre commercial land parcel, located at 1200 13th Avenue in South Milwaukee, Wisconsin (zip code 53172), presents a unique investment opportunity. The property, identified by APN 729-9997-000, is zoned M-2, offering considerable flexibility for various commercial uses. Priced at $300,000, this translates to approximately $35,843 per acre. While the total acreage is 16.74 acres, approximately 4.75 acres are considered usable, particularly suitable for outdoor storage needs. The seller, Rexnord Industries LLC, guarantees the closing of the site. The sale is conducted on an "as-is, where-is" basis. It's important to note that the closing date may be June 30, 2025, due to an ongoing Wisconsin Department of Natural Resources (WDNR) filling process. This prime location boasts excellent proximity to Interstate-94 and Milwaukee Mitchell International Airport, providing exceptional accessibility and visibility. This property offers significant potential for developers and businesses seeking a strategically located commercial site in the thriving South Milwaukee area.

    Property Features for 1200 13Th Ave

    General Information

    Property type
    Land
    Lot Size
    729,194 SF

    HighLights

    • 4.75 acres of usable land, perfect for outdoor storage.
    • Rexnord Industries LLC guarantees closing.
    • Property sold as‑is, where‑is.
    • Closing anticipated by June 30, 2025, pending WDNR permitting.
    • Prime location near I‑94 and Milwaukee Mitchell International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.865601
    Latitude
    42.9191969

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    FAQs

    What type of property is this?
    Land - 16.74 Acres, M-2 Zoning, $300,000
    Where is this land located?
    The property is located at 1200 13Th Ave South Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 4.75 acres of usable land, perfect for outdoor storage.; Rexnord Industries LLC guarantees closing.; Property sold as-is, where-is.
    Request Owner's contact information
    1200 13Th Ave South Milwaukee, WI 53172
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    South Milwaukee, WI 53172
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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
    1200 13Th Ave South Milwaukee, WI 53172
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