Property profile

0 Old Grn Bay Rd Mount Pleasant, WI 53403

OFF-MARKET
Land
2.9 ac lot
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Property summary

AI-generated overview

This exceptional 2.9-acre commercial land parcel presents a compelling investment opportunity in Racine County, Wisconsin. Strategically located between Racine and Kenosha, this property boasts a highly desirable C2 (Moderate Intensity Commercial) zoning designation, permitting a wide array of business uses, from veterinary services and professional offices to retail establishments. Its prime corner location on Old Green Bay Road ensures exceptional visibility and accessibility, further enhanced by its proximity to I-94 via a four-lane highway. Daily traffic counts on Old Green Bay Road exceed 1900 vehicles, while nearby KR and S.H. 31 see significantly higher volumes, reaching 8800 and 22,000 vehicles respectively. The area is experiencing significant residential growth, with numerous single-family and multi-family housing developments either existing or planned, creating a robust and expanding customer base. This property's location, zoning, and high traffic counts combine to create an attractive investment for a variety of commercial ventures. The asking price is $229,000, translating to $78,965 per acre. Seller financing is available. The APN is 151032235050200.

Property profile

Verified
Property type Land
Lot 2.9 ac (126,324 SF)

Cap rate & NOI

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

Location

Old Grn Bay Rd Mount Pleasant, WI 53403
Mount Pleasant metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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