0 Highways 18 & 83, Wales, WI 53183
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.