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    OFF-MARKET
    Land

    50 104Th St, Pleasant Prairie, WI 53158

    24.71 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents a unique investment opportunity in the thriving Pleasant Prairie, Wisconsin market. Located at the southwest corner of Highway 50 and 104th Street, the Shoppes at River View development encompasses a total of 24.71 acres, strategically positioned for significant commercial growth. The property is currently divided into several parcels, each presenting distinct development potential. A significant portion, 20.13 acres (with 13.79 acres buildable), is designated for senior living, offering substantial buildable space for a multi-family development. Additionally, a 4.58-acre parcel is available for medical office development, catering to the growing healthcare sector. The existing development includes a 32.54-acre parcel already developed into a 300-unit multi-family community, demonstrating the area's strong demand and potential for future expansion. This prime location provides excellent visibility and accessibility, making it ideal for a variety of commercial uses. The property's strategic location and diverse development possibilities make it an attractive investment for developers seeking a high-growth market with strong potential for long-term returns. The site's proximity to major transportation routes ensures convenient access for residents and businesses alike. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area with a proven track record of success. The existing infrastructure and planned amenities further enhance the property's appeal and investment potential.

    Property profile
    Verified
    Property type Land
    Lot 24.71 ac (1,076,368 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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