0 Janesville Rd Muskego, WI 53150
This exceptional 1.61-acre commercial lot presents a unique investment opportunity in the thriving Parkland Towne Center, a mixed-use development in Muskego, Wisconsin. Located at the signalized intersection of Janesville Road and Towne Center Drive, this highly visible lot offers unparalleled access to a strong residential base, boasting over 500 new residential developments within the last two years. The property is part of a dynamic community that includes the View (a 90-unit condo development), a retail strip, and a Landmark Credit Union, ensuring high foot traffic and visibility. The lot benefits from monument signage and is situated on Janesville Road, a major arterial corridor. This B4 Highway Business District location provides easy access to I-43, numerous business parks, and several national and international companies. The area also sees seasonal increases in traffic due to its proximity to several lakes. The asking price of $724,900 includes road improvements to divide the parcel, a new certified survey map, and the assignment of a new tax key. Average household income in the area exceeds $85,000, indicating strong consumer spending power. The property's walkability further enhances its appeal to area residents. This lot is ideal for build-to-suit projects or ground lease opportunities, offering significant potential for long-term growth and profitability. The lot is currently designated as Lot 3 and was formed from the existing parcel, Lot 2, tax key MSKC2198984015.
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
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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.