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Property profile & analytics
OFF-MARKET
Land

0 Market St Elkhorn, WI 53121

12.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.89-acre parcel in Elkhorn, Wisconsin, presents a remarkable opportunity for multi-family development. Located on E Market St, in Walworth County, zip code 53121, this R3-zoned property offers a strategic location within a thriving community. The site's northern Elkhorn location provides convenient access to Highway 12 and Interstate 43, ensuring easy commutes to Milwaukee and Madison. This prime location is further enhanced by its proximity to restaurants, shopping, and highly-rated schools, making it highly attractive to potential renters. The asking price is $699,900. This land is ideally suited for a 72-unit multi-family complex, capitalizing on the strong rental market and promising long-term stability and high yield potential. The property's size and zoning provide significant flexibility for a developer seeking to create a thriving residential community in a desirable location. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area with excellent infrastructure and access to major transportation routes.

Property profile
Verified
Property type Land
Lot 12.89 ac (561,488 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
AI Approach AI
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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