131 Market St Elkhorn, WI 53121
- Commercial real estate
- 5.61 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 131 Market St
- Lot size
- 5.61 lot acres
- Property type
- Commercial real estate
- APN
- YA414800002
- APU
- YA414800002
Description
This exceptional investment opportunity presents a 72-unit multifamily development site on 12.89 acres in Elkhorn, Wisconsin. Located in a high-demand area of this growing community, the property boasts a prime northern location with easy access to restaurants, shopping, and top-rated schools. Its strategic positioning provides immediate access to Highway 12 and Interstate 43, facilitating short commutes to major urban centers like Milwaukee and Madison, a significant draw for potential tenants. The property is zoned R-3, offering flexibility for development. The substantial lot size allows for significant expansion or redevelopment potential. This development opportunity is situated in Walworth County, Wisconsin, with the address listed as 131 W Market St, Elkhorn, WI 53121, and the APN is YU NW 00243. The asking price for this high-yield investment is $699,900. This presents a compelling opportunity to capitalize on the strong growth and long-term stability of the Elkhorn market. The property's proximity to major transportation arteries and desirable amenities makes it an attractive proposition for both developers and investors seeking a high-return multifamily project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elkhorn
- County
- Walworth
- State
- Wisconsin
- Longitude
- -88.5455
- Latitude
- 42.691
- CBSA code
- 48580
- CBSA name
- WHITEWATER, WI MICROPOLITAN STATISTICAL AREA
