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    21040 Lincoln Ave New Berlin, WI 53146

    For Sale
    $2,195,000

    Prime Industrial Land, Waukesha County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 24.74-acre parcel in New Berlin, Wisconsin, presents a rare opportunity for industrial development. Located at 21040 W Lincoln Ave, 53146, this property is one of the last large tracts in the area suitable for industrial zoning with outside storage. Currently zoned B-2 Commercial and C-2 Shoreland, the city of New Berlin is open to rezoning to M-1 or M-2, making it ideal for various manufacturing or industrial uses. The site, largely undeveloped, is not a former landfill. While the owner intends to retain approximately 8 acres on the east side for their trucking business, the remaining 24.74 acres are available for purchase. The owner may consider selling the entire 33.24-acre parcel. The property boasts two existing curb cuts, with potential for additional access points. Utilities consist of a well water and septic system

    Property Features for 21040 Lincoln Ave

    General Information

    Property type
    Manufacturing properties
    Lot Size
    1,077,674 SF

    HighLights

    • 24.74‑acre industrial development site in New Berlin, WI.
    • Located at 21040 W Lincoln Ave, 53146.
    • Zoned B‑2 Commercial and C‑2 Shoreland, rezoning to M‑1 or M‑2 is possible.
    • Largely undeveloped, not a former landfill.
    • Owner may sell entire 33.24‑acre parcel; currently offering 16.74 acres.
    • Two existing curb cuts, potential for additional access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Department Store Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    New Berlin
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1741138
    Latitude
    43.003318

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Industrial Land, Waukesha County
    Where is this manufacturing property located?
    The property is located at 21040 Lincoln Ave New Berlin, WI.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: 24.74-acre industrial development site in New Berlin, WI.; Located at 21040 W Lincoln Ave, 53146.; Zoned B-2 Commercial and C-2 Shoreland, rezoning to M-1 or M-2 is possible.
    Request Owner's contact information
    21040 Lincoln Ave New Berlin, WI 53146
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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
    21040 Lincoln Ave New Berlin, WI 53146
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