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    Property profile & analytics

    Pleasant Wisconsin Mt Racine, WI 53408

    • Land
    • 20.00 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Pleasant Wisconsin Mt

    Lot size
    20.00 lot acres
    Property type
    Land

    Description

    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Mount Pleasant, Wisconsin. Located in Racine County, with a zip code of 53408 (latitude 42.72, longitude -87.84), this property is zoned for residential use and boasts a compelling location within the thriving Mount Pleasant area. The asking price is $2,000,000, translating to $100,000 per acre. The property's APN is 151-03-22-07-020-010. Its strategic position benefits from proximity to significant developments, including the new Aurora Medical Center and the future Educators Credit Union Headquarters, as well as several adjacent multi-family developments. Furthermore, the site is situated within TIF #7, offering potential tax advantages. A retail shopping corridor is conveniently located just 5.4 miles east, a short 10-minute drive. Access is facilitated by full freeway interchanges within 2 miles. The area is experiencing substantial growth, fueled by a proposed Microsoft investment exceeding $1 billion, encompassing at least four data centers with a projected assessed value of $1.4 billion by 2028. This development is expected to generate 2,300 construction jobs and 2,000 permanent positions. Recent infrastructure improvements include a $750 million investment in local roads, water, and electrical systems. The current mill rate is $16.720267 per $1,000 of assessed value. This property offers unparalleled potential for significant returns in a rapidly expanding market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.84
    Latitude
    42.72
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    Pleasant Wisconsin Mt
    Racine, WI 53408
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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
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