172 Hwy Green Bay, WI 54304
This exceptional 3.389-acre parcel, located on Highway 172 in Ashwaubenon, Wisconsin (zip code 54304), presents a unique investment opportunity. Situated in Brown County, this property boasts a prime waterfront location on the Fox River, offering unparalleled visibility and accessibility. The land is zoned B-3 Community Business and Level C Airport Zoning, allowing for a variety of mixed-use developments, including retail, multifamily, office, and industrial uses. The property's strategic location along the heavily trafficked Highway 172 ensures high visibility and convenient access for a large workforce and customer base from surrounding towns like Green Bay and Appleton. Further enhancing its appeal, this development is designated as an Opportunity Zone, providing significant tax advantages for investors. The asking price is $4,000,000, translating to approximately $1,180,289 per acre. A ground lease is available. This single-parcel site offers developers the chance to create a transformative project that will benefit both the local community and the greater Green Bay area. The property's flexible zoning and prime location make it an ideal investment for those seeking high-impact development potential.
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.