11110 Burlington Rd Kenosha, WI 53144
This exceptional commercial land offering in Somers, Wisconsin presents a unique investment opportunity. Comprising two parcels totaling approximately 133.78 acres, this property boasts a strategic location at the intersection of I-94 and Burlington Road, providing unparalleled access to major transportation arteries connecting Milwaukee and Chicago. Lot 1 encompasses roughly 126.6 acres, while Lot 3 comprises approximately 7.18 acres. The adjacent Lot 2 is currently under development as a 900,000 square foot industrial storage and distribution center, highlighting the area's robust growth and demand for commercial space. This prime location offers significant potential for development, further enhanced by the availability of tax credits from the Wisconsin Economic Development Corporation (WEDC) and/or the Kenosha Area Business Alliance (KABA). Kenosha's recent economic expansion, attracting major corporations like Amazon and Uline, solidifies its position as a leading Midwest commercial development hub. The recently upgraded eight-lane I-94 further strengthens the property's logistical advantages. Both lots are offered at a competitive price of $3.00 per net usable square foot, presenting a compelling opportunity for investors seeking high-growth potential in a thriving market. The property's size and location make it ideal for a variety of commercial developments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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