Property profile

0 Washington Ave Mount Pleasant, WI 53406

OFF-MARKET
Land
4.64 ac lot
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Property summary

AI-generated overview

This exceptional 4.64-acre commercial and industrial land parcel presents a unique investment opportunity in Racine, Wisconsin. Located on Washington Avenue (STH 20), this property boasts high visibility and accessibility, with a daily traffic count exceeding 25,400 vehicles on Washington Avenue and an additional 5,400 vehicles on 90th Street. The site's 202,118 square feet offer ample space for a variety of development projects. Its strategic location places it in close proximity to a diverse mix of land uses, including commercial businesses, industrial and manufacturing facilities, office spaces, and high-density residential areas. The property is zoned BP - Business Park District, aligning with the city's long-range plan for commercial and business park development. All municipal services are readily available. The asking price is $1,200,000, translating to $290,948 per acre. The APN is 151032215050021 and the property is owned by Racine Federated, Inc. This prime location and zoning make this an exceptional opportunity for investors and developers seeking a high-traffic, versatile site in a thriving area. Don't miss this chance to acquire a significant piece of land in a rapidly developing region.

Property profile

Verified
Property type Land
Lot 4.64 ac (202,118 SF)

Cap rate & NOI

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

Location

Washington Ave Mount Pleasant, WI 53406
Mount Pleasant metro
Google Maps

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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