Residential Development Land with Highway
For Sale
$375,000
Lot 1 Ridgewood Court, Grafton, WI 53024
An 11-acre parcel positioned for strong visibility and accessibility, pending municipal approvals for residential development.
Property Size503,553 SF
Lot Size11.00 Acres
Price / SF$0.74
Days on Market114
Property Features for Lot 1 Ridgewood Court
General Information
Standard status
Active
Size
503,553 SF
Lot size
11.00 Acres
Property subtype
Land / Vacant Land
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$45
Listing Agency:
Compass
(414) 526-0754
Listed By:
Sewart Group · License #56166-94
(414) 526-0754
Source:
Compass
Added: Apr 18
Changed: Aug 8
Last Checked: Jul 16 at 7:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This offering presents an 11-acre residential development parcel in the Town of Grafton, identified as Lot 1 Ridgewood Court. The property is marketed as a development opportunity and is subject to municipal approvals for residential use.
The site is positioned along the I-43 corridor, supporting convenient access and strong exposure for prospective residential development planning. It is located near amenities, shopping, dining, and services in both Grafton and Port Washington, with an easy commute to Milwaukee.
For developers and land buyers, the appeal centers on combining a sizable tract with corridor visibility and practical access to nearby retail and services. Because residential development is explicitly described as subject to municipal approvals, prospective buyers should plan for the required permitting and entitlement process through the Town. This land package is well suited for parties seeking to pursue a residential project using a long-range, approval-driven development approach.
The site is positioned along the I-43 corridor, supporting convenient access and strong exposure for prospective residential development planning. It is located near amenities, shopping, dining, and services in both Grafton and Port Washington, with an easy commute to Milwaukee.
For developers and land buyers, the appeal centers on combining a sizable tract with corridor visibility and practical access to nearby retail and services. Because residential development is explicitly described as subject to municipal approvals, prospective buyers should plan for the required permitting and entitlement process through the Town. This land package is well suited for parties seeking to pursue a residential project using a long-range, approval-driven development approach.
Key Highlights
- 11‑acre development parcel in the Town of Grafton, positioned along the I‑43 corridor
- Strong visibility and accessibility from the I‑43 corridor (subject to municipal approvals)
- Residential development potential, subject to municipal approvals
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 53024, WI
18,291
Population
8,598
Households
2.1
Avg Household Size
44
Median Age
46%
College-Educated
99%
High-School Grad
27.5 sq mi
ZIP Area
665
Density / Sq Mi
$91,675
Median Household Income
$53,758
Median Earnings
$1,124
Median Rent
$353,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - An 11-acre parcel positioned for strong visibility and accessibility, pending municipal approvals for residential development.
Where is this residential land & home lot located?
The property is located at Lot 1 Ridgewood Court Grafton, WI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 11‑acre development parcel in the Town of Grafton, positioned along the I‑43 corridor; Strong visibility and accessibility from the I‑43 corridor (subject to municipal approvals); Residential development potential, subject to municipal approvals
