1915 30Th Ave Kenosha, WI 53144
This exceptional 2.897-acre parcel in Kenosha, Wisconsin, presents a remarkable opportunity for multi-family development. Located at 1915 30th Ave, Kenosha, WI 53144 (APN: 07-222-24-125-025), this property is zoned RM-2, Multiple Family Residential District, and boasts a history of approval for a 32-unit apartment complex with an additional rental office building. The site is fully functional, free from wetland or floodplain restrictions, ensuring a streamlined development process. Municipal utilities, including sewer and water, are readily accessible from the south, with unrestricted access to 30th Avenue. Its strategic location offers unparalleled convenience, situated near major retail centers, fast-food restaurants, banks, and prominent educational institutions such as Carthage College and the University of Wisconsin Parkside. The asking price is $350,000, translating to approximately $120,815 per acre. This represents a compelling investment opportunity in a thriving Kenosha County location. This land offers significant potential for developers seeking to capitalize on the strong demand for residential housing in this area. The property's existing approvals and readily available utilities further enhance its attractiveness. Don't miss this chance to acquire a prime development site in a high-growth area.
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
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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.