120 O'connor Dr Elkhorn, WI 53121
This exceptional commercial property, located at 120 W O'Connor Dr in Elkhorn, Wisconsin, presents a unique investment opportunity. The 7,490 square foot building, constructed in 2023, sits on a spacious 2.16-acre lot and boasts a 16-20 foot ceiling height. Currently a versatile shell, it's adaptable to a wide range of commercial uses, including restaurant and storefront operations. Architectural plans for a restaurant are available, showcasing the property's flexibility. The property is zoned commercial and features readily available sewer and water at the street. The site has been rough graded, offering significant potential for customization. Its prime location off Highways 43 and 67, near prominent businesses such as Loves Truck Stop, Kunes Automotive Group, and Elkhorn Industrial Park, ensures high visibility and convenient access for customers. This is an ideal location for businesses seeking strong customer traffic and a strategic presence in a thriving area. The asking price is $950,000. This single-story building offers a blank canvas for your business vision.
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
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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.