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Property profile & analytics
OFF-MARKET
Land

0 Noraire Dr Franksville, WI 53126

3.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.88-acre parcel, located at Noraire Dr, Franksville, WI 53126 (APN: 010042012035180), presents a unique opportunity for investors and businesses. Zoned M-3, this property is situated in a desirable industrial park, offering significant advantages. The asking price is $430,000, translating to $110,825 per acre. While currently lacking developed infrastructure, the land offers potential for outside storage, with necessary approvals already in place. A regional pond may significantly reduce stormwater management requirements, streamlining development. Utilities are available at the road, including electricity and a water well. The property also includes a holding tank, planned for future use. This rare availability of vacant land within this established industrial park makes this a highly attractive investment. Its strategic location in Racine County, Wisconsin, provides easy access to major transportation routes and a skilled workforce. The property's agricultural and industrial zoning allows for a variety of potential uses, making it a versatile and valuable asset. Don't miss this chance to acquire a prime piece of land in a thriving industrial area.

Property profile
Verified
Property type Land
Lot 3.88 ac (169,013 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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