Property summary
This exceptional 120-acre commercial land parcel presents a unique investment opportunity in Somers, Wisconsin. Located in Kenosha County, this property boasts a prime location between Kenosha and Racine, offering convenient access to major transportation routes. Its proximity to the Illinois/Wisconsin border and Lake Michigan further enhances its appeal. Originally entitled in 2008 for a residential development comprising 84 townhomes and 82 single-family homes, this land offers significant redevelopment potential. The property features mature timber and wildlife, situated along the Pike River, creating a picturesque setting. Conveniently located approximately one hour north of O'Hare International Airport via I-94 and just 30 minutes from Milwaukee's vibrant city life and cultural attractions. Several nearby golf courses add to the area's recreational amenities. The property is also situated north of Carthage College and within the Kenosha School District. The parcel's PIN number is 83-4-223-074-0006, and the current annual taxes are $543. The asking price for this expansive property is $3,125,000. Additional information is available upon request.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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Zoning
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