980 Milwaukee Ave Burlington, WI 53105
- Commercial real estate
- 11,840 SF
- 2.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 980 Milwaukee Ave
- Year built
- 2016
- Lot size
- 2.60 lot acres
- Property size
- 11,840 SF
- Property type
- Commercial real estate
- APN
- 206 031928021104
- APU
- 206031928021104
Description
This exceptional 7,540 square foot retail pad site presents a remarkable investment opportunity in Burlington, Wisconsin. Strategically located at the signalized entrance to a thriving shopping center anchored by a 68,000 square foot Kohl's and a 57,000 square foot Pick 'n Save, this property boasts high visibility and exceptional foot traffic. The site is already pad-ready, with all site work completed and utilities readily available at the building pad. This turnkey solution eliminates the complexities and delays often associated with new construction, allowing for a swift and efficient development process. The surrounding multi-tenant retail building features a strong mix of established businesses, including Jimmy John's, Antioch Pizza, Shopko Optical, AT&T/Spring Mobile, and Athletico, creating a vibrant and synergistic retail environment. The asking price for this prime retail pad is $550,000, translating to a price per square foot of $72.94. This represents a compelling investment opportunity in a high-traffic location with established anchors and complementary co-tenants. The property's address is 980 Milwaukee Ave, Burlington, WI 53105, in Racine County. Don't miss this chance to secure a prime location in a thriving retail corridor.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,230,000
- 6.5%
- $3,025,000
- 7%
- $2,995,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,110,000
- Geo Method
- $3,330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,710,000
- Retail
- $3,325,000
- Mixed-Use
- $3,335,000
- Hospitality
- $2,915,000
- Educational
- $3,395,000
- Residential Income
- $3,530,000
- Energy
- $3,480,000
- Income-Based Land
- $3,650,000
- Food Service
- $3,920,000
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Racine
- State
- Wisconsin
- Longitude
- -88.2669
- Latitude
- 42.6891
- CBSA code
- 39540
- CBSA name
- RACINE, WI METROPOLITAN STATISTICAL AREA
