0 Silver Spring Dr Menomonee Falls, WI 53051
This exceptional 7.244-acre parcel is ideally situated off Silver Spring Drive in Sussex, Wisconsin, offering significant development potential. Zoned for Planned Residential Development, this flat lot allows for a variety of uses, including single-family, two-family, and multi-family dwellings. The property boasts convenient access to municipal sewer and water utilities located at the lot line, simplifying infrastructure connections. A fill permit is already on file with the current owner, streamlining the grading process for future construction. The high-traffic location, with approximately 14,400 vehicles passing daily according to Wisconsin Department of Transportation data, presents a compelling opportunity for developers seeking high visibility. This prime piece of land in Waukesha County, Wisconsin, presents a rare chance to build in a desirable area with established infrastructure and strong potential for return on investment. The property is located in the Village of Sussex, WI, zip code 53051. This is a truly remarkable opportunity for developers seeking a well-located, ready-to-develop parcel. Asking price is $249,900.
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
Similar Nearby for Lease
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.