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Property profile

0 Janesville Rd Muskego, WI 52150

OFF-MARKET
Land
0.86 ac lot
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Property summary

AI-generated overview

This exceptional 0.86-acre commercial lot is available for sale, ground lease, or build-to-suit in the thriving Parkland Towne Center, located in Muskego, Wisconsin (Waukesha County). Priced at $299,000, this property offers significant potential for development. The lot is suitable for a medical/professional office building of up to approximately 8,994 square feet or a retail strip accommodating up to six tenants. Parkland Towne Center is a vibrant mixed-use development featuring residential units, existing retail businesses (including a restaurant, nail salon, and chiropractor), and a credit union. Its strategic location boasts a signalized intersection, monument signage, and excellent visibility along Janesville Road, a major arterial corridor. The area benefits from a strong, long-term residential base, with over 500 new residential developments added in the last two years, contributing to an average household income exceeding $85,000. The property is zoned B4 Highway Business District, providing flexibility for various commercial uses. Its proximity to Milwaukee and Chicago, along with easy access to interstates, further enhances its appeal. The presence of several business parks housing national and international companies, and nearby lakes generating seasonal traffic, creates a dynamic and attractive environment. Muskego's close-knit community with many long-term residents provides a stable and supportive market. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 0.86 ac (37,462 SF)

Cap rate & NOI

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

Location

Janesville Rd Muskego, WI 52150
Muskego metro
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Value estimations

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Owner & transaction history

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