1951 Washington St Grafton, WI 53024
This exceptional 1.24-acre commercial land parcel presents a unique investment opportunity in Grafton, Wisconsin. Located at 1951 Washington St, this property is zoned R-2, offering a range of potential development options. The expansive lot size provides ample space for various commercial ventures. The property's address is 1951 Washington St, Grafton, WI 53024, situated within Ozaukee County. Its precise geographical coordinates are latitude 43.3198142 and longitude -87.9398439. The asking price for this prime commercial land is $475,000. The parcel is identified by the following Assessor's Parcel Numbers (APNs): 10-019-08-1400, 06-019-07-011.00, and 10-019-08-013.01. This presents a compelling opportunity for developers and investors seeking a strategically located site in a thriving Wisconsin community. The R-2 zoning designation allows for a variety of commercial uses, subject to local regulations and approvals. Interested parties are encouraged to conduct their own due diligence to confirm zoning and development possibilities. This property is being offered for sale as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.