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    8690 27Th St Oak Creek, WI 53154

    Sponsored
    For Sale
    $699,000

    1.8-acre development opportunity in prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.8-acre commercial land parcel, located at 8690 S 27th Street in Oak Creek, Wisconsin, presents a compelling development opportunity. Zoned B-4, this property boasts high visibility with approximately 12,800 cars passing daily, according to the Wisconsin Department of Transportation data. Its strategic location offers convenient access to major transportation arteries, being within approximately 1.8 miles of the I-43/I-94/41 interchange. The property sits on a corner lot at a lighted intersection, ensuring maximum exposure for any future development. The asking price is $699,000. The parcel's size provides ample space for a variety of commercial ventures. Proximity to Drexel Town Square provides access to established retail and residential areas, enhancing the property's potential. The property's APN is 8310224000. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area of Milwaukee County, Wisconsin, with a 53154 zip code. The property's latitude and longitude coordinates are 42.8643354 and -87.913867 respectively.

    Property Features for 8690 27Th St

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • Excellent development opportunity on a corner lot.
    • High visibility with approx. 12,800 cars per day (WIS DOT data).
    • Conveniently located ~1.8 miles from I‑43/I‑94/41 interchange.
    • Minutes from Drexel Town Square shopping.
    • Located at a lighted intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.913867
    Latitude
    42.8643354

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    FAQs

    What type of property is this?
    Land - 1.8-acre development opportunity in prime location.
    Where is this land located?
    The property is located at 8690 27Th St Oak Creek, WI.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Excellent development opportunity on a corner lot.; High visibility with approx. 12,800 cars per day (WIS DOT data).; Conveniently located ~1.8 miles from I-43/I-94/41 interchange.
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    Oak Creek, WI 53154
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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
    8690 27Th St Oak Creek, WI 53154
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