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    1990 Ridgeview Dr Oak Creek, WI 53154

    For Sale
    $95,000

    1.7 Acres, M-1 Zoning, Great Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.722-acre vacant land parcel presents a prime opportunity for industrial development. Located at 1990 W Ridgeview Dr, Oak Creek, WI 53154, this property boasts convenient freeway access, making it an ideal location for businesses needing efficient transportation links. The lot is zoned M-1, allowing for a variety of industrial uses, subject to local approvals. With approximately one acre of buildable land, this site offers significant potential for construction. The property's assessed parcel number (APN) is 903-0005. The asking price is $95,000. 2012 property taxes were $3,860.42. This is a rare opportunity to acquire a well-situated industrial lot in a thriving Milwaukee County location. The property is ready for immediate development, offering significant potential for return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. Buyers are responsible for conducting their own due diligence regarding zoning regulations and permitted uses. All information provided is deemed reliable but not guaranteed.

    Property Features for 1990 Ridgeview Dr

    General Information

    Property type
    Land
    Lot Size
    75,010 SF

    HighLights

    • 1.72‑acre vacant industrial lot with excellent freeway access in Oak Creek, WI.
    • Approximately one acre of buildable land.
    • 2012 property taxes: $3,860.42.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.941637
    Latitude
    42.868433

    Nearby Comparable

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      Oak Creek Manufacturing Facility

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    FAQs

    What type of property is this?
    Land - 1.7 Acres, M-1 Zoning, Great Access
    Where is this land located?
    The property is located at 1990 Ridgeview Dr Oak Creek, WI.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: 1.72-acre vacant industrial lot with excellent freeway access in Oak Creek, WI.; Approximately one acre of buildable land.; 2012 property taxes: $3,860.42.
    Request Owner's contact information
    1990 Ridgeview Dr Oak Creek, WI 53154
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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
    1990 Ridgeview Dr Oak Creek, WI 53154
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