124th & Good Hope Rd Milwaukee, WI 53224
This exceptional 6.92-acre commercial land parcel, located at the intersection of 124th & Good Hope Road in Milwaukee County, presents a unique investment opportunity. The property boasts a substantial 90,869 square foot building footprint, with plans already approved by the Village. Zoned I-3, this site is specifically designed to accommodate light industrial uses, including limited manufacturing, product processing, research, and development activities. A conditional use approval for warehouse operations is already in place, streamlining the development process. The lot is conveniently situated with all public utilities readily available at the lot line, making it "pad ready" and minimizing infrastructure development costs. The parcel number is MNFV0093975006. This property offers significant potential for businesses seeking a strategically located, fully prepared site for immediate development and operation. The existing approvals and utilities access significantly reduce time and expense associated with typical land acquisition and development. This is an ideal location for a variety of light industrial and warehouse uses, offering excellent access to transportation networks and a strong workforce. Don't miss this opportunity to secure a prime commercial property in a thriving Milwaukee County location.
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
Similar Nearby for Sale
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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.