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    124 Rawson Ave Oak Creek, WI 53154

    For Sale
    Contact for pricing

    Prime Redevelopment Site, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 4.21-acre commercial and industrial land parcel presents a unique redevelopment opportunity in Oak Creek, Wisconsin. Located at 124 E Rawson Ave, this property boasts a highly desirable location at the intersection of Rawson Avenue and Howell Avenue, ensuring excellent visibility and accessibility. The site is zoned B-4, permitting a wide range of commercial and industrial uses, providing flexibility for diverse development plans. The property's substantial size offers ample space for various projects, from large-scale industrial facilities to expansive commercial developments. With APN numbers 7339005000 & 7339004000, this property offers a clear title and straightforward acquisition process. The high-traffic intersection guarantees significant exposure to potential customers and employees. While this listing encompasses 4.21 acres, an adjacent half-acre parcel at the corner is also available through a separate listing, presenting the possibility of acquiring the entire corner lot for a truly comprehensive development. This presents a rare opportunity to secure a substantial land holding in a thriving Milwaukee County location with excellent zoning and high visibility. The property's location in Oak Creek, WI, zip code 53154, provides easy access to major transportation routes and a strong local workforce. This is an ideal investment for developers seeking a prime location for a variety of commercial or industrial ventures.

    Property Features for 124 Rawson Ave

    General Information

    Property type
    Land
    Lot Size
    183,388 SF

    HighLights

    • 4.21‑acre site near the high‑traffic intersection of Rawson Ave and Howell Ave in Oak Creek.
    • Flexible zoning allows for diverse commercial uses.
    • Potential for expansion with adjacent half‑acre parcel (separately listed).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9098436
    Latitude
    42.9162568

    Nearby Comparable

    • $1,600,000
      2.29 Acres

      Oak Creek Commercial Land Assemblage

      Prime 2.29-acre redevelopment site.
      112 Rawson Ave, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      8.43 Acres

      Oak Creek Commercial Land

      75,000 SF, prime commercial land
      6340 Howell Ave, Oak Creek, WI 53154
      View Details
    • $800,000

      Land with Redevelopment Potential

      Land with high visibility near I-94 and Mitchell Airport.
      6337-6339 S Howell Ave, Oak Creek, WI 53154
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    • $980,100

      Prime Commercial Land Opportunity

      Land for sale at a controlled intersection near airport.
      S Howell Ave, Oak Creek, WI 53154
      View Details
    • $750,000

      Corner Lot Redevelopment Opportunity

      Hard corner lot with high visibility and redevelopment potential.
      6319 S Howell Ave, Oak Creek, WI 53154
      View Details
    • Contact for pricing

      Land Near Mitchell Airport

      Development opportunity near Mitchell International Airport and I-94.
      506 W College Ave, Milwaukee, WI 53207
      View Details

    Nearby Similar for Sale

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      Oak Creek Manufacturing Facility

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      2025 W South Branch Blvd, Oak Creek, WI 53154
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    FAQs

    What type of property is this?
    Land - Prime Redevelopment Site, High Traffic Area
    Where is this land located?
    The property is located at 124 Rawson Ave Oak Creek, WI.
    What are key features of this property?
    This property features: 4.21-acre site near the high-traffic intersection of Rawson Ave and Howell Ave in Oak Creek.; Flexible zoning allows for diverse commercial uses.; Potential for expansion with adjacent half-acre parcel (separately listed).
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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
    124 Rawson Ave Oak Creek, WI 53154
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