Listing Agency: NAI Pfefferle - Sheboygan d***@naipfefferle.com Show Phone

Listed By: Dane Checolinski · License #84402-94 Show Phone

Source: Compass

Added: Jan 22, 2024 Changed: Aug 8 Last Checked: Mar 25 at 4:11PM

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Investment Insights

Based on property information with market context.

This offering includes a commercial development land parcel in New Holstein, Wisconsin. Multiple parcels are referenced as being available for commercial development, with options described along the main thoroughfare and within industrial zones.

The property is located at Lt1 Kennedy Drive in New Holstein. The City of New Holstein indicates it may support development efforts through Tax Increment Financing Districts (TIDs) and a low-interest loan program.

The parcel is presented as land suitable for new commercial or industrial development, with details provided on the overall availability and the potential for city-supported development incentives.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Bakery Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Explore this area Business Placement

Demographics for 53061, WI

5,055

Population

2,351

Households

2.2

Avg Household Size

45

Median Age

27%

College-Educated

95%

High-School Grad

42.6 sq mi

ZIP Area

119

Density / Sq Mi

$66,382

Median Household Income

$48,231

Median Earnings

$750

Median Rent

$182,100

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Industrial development land parcel available in New Holstein, Wisconsin.

Where is this commercial land located?

The property is located at Lt1 Kennedy Drive New Holstein, WI.

What is the asking price?

The asking price for this property is $55,860.