Property profile

0 Highways 18 & 83 Wales, WI 53183

OFF-MARKET
Retail properties & Spaces
1,200 SF
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Property summary

AI-generated overview

Tenby Harbor at Town Bank Center presents a unique development opportunity in the thriving Wales, Wisconsin market. Located at the intersection of Highways 18 & 83 in Waukesha County (zip code 53183), this property offers exceptional visibility and accessibility. The site boasts flexible lot sizes ranging from 27,269 to 65,645 square feet, accommodating buildings from 1,200 to 10,000 square feet. The property is currently vacant and available for sale, ground lease, or build-to-suit (BTS) lease arrangements, providing ultimate flexibility for developers. The local business district zoning allows for a wide variety of uses, including retail, restaurants, professional offices, and medical offices. This high-traffic location sees approximately 34,000 vehicles per day (VPD), benefiting from proximity to established businesses such as Walgreens, Kroger's Pick 'n Save, and Kwik Trip. The affluent surrounding area boasts average household incomes exceeding $135,000 within a three-mile radius. Lot 5 is specifically approved for drive-thru development, adding further potential for various businesses. This is an exceptional opportunity to capitalize on a prime location in a rapidly growing market. Contact us today to learn more about this exciting development prospect.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highways 18 & 83 Wales, WI 53183
Wales metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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