0 +/- 1.42 Acres On Mdw Ln Waukesha, WI 53186
This exceptional 1.42-acre commercial land parcel presents a unique investment opportunity in Waukesha County, Wisconsin. Strategically located on Meadow Lane in Vernon, WI, 53186, this property boasts convenient access to I-94, placing it within a highly active retail corridor. The APN is WAKC0974096. The zoning designation is B-5 Community Business, offering considerable flexibility for a wide range of commercial developments, including office and retail spaces. This versatile zoning allows for diverse business ventures, capitalizing on the high traffic volume and established commercial presence in the immediate vicinity. Neighboring businesses include a well-established grocery store (Good Harvest Market) and a prominent hotel (avid hotel Milwaukee West-Waukesha), further highlighting the area's strong commercial activity and potential for growth. The asking price for this exceptional property is $550,000. This presents a compelling opportunity for investors and developers seeking a prime location with significant development potential in a thriving commercial area. The property's location and zoning make it an ideal site for a variety of commercial uses, promising a strong return on investment. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Waukesha County location.
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.