50 104Th St, Pleasant Prairie, WI 53158
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.
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.