Frontage Rd Racine, WI 53402
- Retail properties
- 5.10 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Frontage Rd
- Lot size
- 5.10 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 5.1-acre retail land parcel, located at the intersection of Adams Road and N. Frontage Road in Racine, Wisconsin (zip code 53402), presents a unique investment opportunity. The property, encompassing two parcels (Lot 1: 2.44 acres, Lot 3: 2.66 acres), is zoned B-3 Commercial Service District, allowing for a variety of uses. Its strategic location off Highway K and I-94, near Northwestern Avenue and the DeBack Farms Business Park, provides excellent visibility and accessibility. The asking price is $2,665,872, translating to $522,720 per acre. Potential uses include single or multi-tenant retail spaces, restaurants (including drive-through options), and even a hotel. The property's proximity to the thriving I-94 corridor between Milwaukee and Chicago, coupled with significant economic development in the area, ensures strong potential for growth and return on investment. The property is also available for build-to-suit opportunities, with lease rates negotiable, and a potential ground lease opportunity exists. APN numbers are 104-04-22-30-020-010 and 104-04-22-30-020-030. Individual parcel sales are possible.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Racine
- County
- Racine
- State
- Wisconsin
- Longitude
- -87.8255
- Latitude
- 42.814