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12th St & Sheridan Rd Kenosha, WI 53140

OFF-MARKET Land Google Maps
120 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 120 ac (5,227,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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