6040 Buckhorn Ave Cudahy, WI 53110
This exceptional 5-acre development opportunity in Cudahy, WI, presents a unique chance to build a multifamily or senior living community. Located minutes from Downtown Milwaukee and General Mitchell International Airport, this prime location offers easy access to Lake Michigan's walking/biking paths, restaurants, shopping, and a hospital. The property boasts significant pre-existing site improvements, including poured concrete foundations, pre-stressed concrete, and elevator shafts, ready for 2-3 story construction. Existing foundations and concrete topping will require replacement of the cap with clean soil, subject to Wisconsin Department of Natural Resources (WDNR) approval. The WDNR case is closed, with documented continued obligations for the buyer. Conceptual plans are available for two 39-unit garden-style buildings, each featuring a mix of one- and two-bedroom units (ranging from 870 to 1310 square feet) with underground parking. The property includes two parcels, totaling 218,885 square feet, zoned RM-2. A new certified survey map separates this site from the adjacent Cudahy Connection Condominium Association, offering flexibility for development. This is an exceptional opportunity for developers seeking a prime location with significant pre-existing infrastructure. The asking price is $500,000. APN: 6829968005.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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