4801 Washington Ave Racine, WI 53406
- Retirement homes
- 4.86 lot acres
Current Use by Public Records
- The LASIK Vision Institute / Surgical Center / Eye Care Center
- Heidi A. Shufelt, OD / Optometrist
- higi / Health Consultant
- ATM / Atm
- Jeremy Laffin / Pharmacy
Property Details for 4801 Washington Ave
- Lot size
- 4.86 lot acres
- Property type
- Retirement homes
- Property subtype
- Retail properties
Description
This exceptional 4.86-acre site at 4801 Washington Ave, Racine, WI 53406, is offered at $1,200,000. Zoned B-2 Community Shopping, it presents a fantastic redevelopment opportunity for various uses including hospitality, multifamily, senior living, retail, or a combination thereof. The property boasts convenient access to major roadways, including proximity to I-94 (5.97 miles) and Route 31 (0.4 miles), ensuring high visibility and accessibility. Water and sewer are available on-site. The location benefits from a high-traffic area with 30,000 vehicles daily and is surrounded by established retail amenities, offering further development potential. This motivated seller presents a unique chance to capitalize on the economic growth and tax incentives attracting businesses to Southeastern Wisconsin. The property's APN is 276-00-00-22-879-002. This is a truly remarkable investment opportunity in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Racine
- County
- Racine
- State
- Wisconsin
- Longitude
- -87.8361
- Latitude
- 42.7168
