0 Noraire Dr Franksville, WI 53126
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.
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.