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    OFF-MARKET
    Land

    I-43 Moorland Rd, New Berlin, WI 53151

    5.83 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.83-acre commercial land parcel presents a remarkable investment opportunity at the high-traffic intersection of I-43 and S Moorland Road in New Berlin, Wisconsin. Located in Waukesha County, zip code 53151, this property benefits from its strategic position within the thriving Westridge development. The Westridge development boasts a diverse mix of established businesses and residential areas, creating a vibrant and dynamic environment. Nearby retail anchors include a Target, a recently completed Costco, and a variety of popular restaurants and retailers such as La Quinta, Office Max, Michaels, Texas Roadhouse, Point Burger Bar, and Stone Fire Pizza. This prime location ensures high visibility and accessibility, making it ideal for a wide range of commercial ventures. The asking price for this exceptional property is $3,175,000. The property is classified as commercial land and offers significant potential for development given its size and location within a successful and expanding commercial area. Its proximity to major transportation arteries ensures convenient access for employees, customers, and suppliers. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location with strong existing infrastructure and a proven track record of success. Don't miss out on this chance to capitalize on the growth and potential of the Westridge development.

    Property profile
    Verified
    Property type Land
    Lot 5.83 ac (253,955 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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