Property profile

I-94 116Th St Pleasant Prairie, WI 53158

OFF-MARKET
Land
32 ac lot
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Property summary

AI-generated overview

This exceptional 32-acre industrial land parcel, located at the intersection of I-94 and 116th Street in Pleasant Prairie, Wisconsin, presents a unique development opportunity. Zoned AG, the property boasts unparalleled visibility from I-94, offering easy access via a full four-way interchange. Its strategic location provides convenient access to major transportation hubs, including a 30-minute drive to General Mitchell International Airport, a 35-minute drive to downtown Milwaukee, a 40-minute drive to O'Hare International Airport, and a one-hour drive to downtown Chicago. This prime location benefits from a large, skilled labor pool drawn from both the Chicago and Milwaukee metropolitan areas. The property's proximity to the Illinois/Wisconsin border (less than half a mile) expands its market reach significantly. The asking price is $6,969,600, with a land value of $5 per square foot. The property's APN is 92-4-122-303-0300. This is a non-divisible parcel ideal for large-scale industrial development. The property's size and location make it an exceptional investment opportunity for developers and investors seeking a strategic foothold in a thriving regional market. This is a rare opportunity to acquire a significant land holding with exceptional access and visibility.

Property profile

Verified
Property type Land
Lot 32 ac (1,393,920 SF)

Cap rate & NOI

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

Location

I-94 116Th St Pleasant Prairie, WI 53158
Pleasant Prairie 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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