6802 118Th Ave Kenosha, WI 53142
- Commercial real estate
- 87,366 SF
- 7.80 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6802 118Th Ave
- Year built
- 2004
- Lot size
- 7.80 lot acres
- Property size
- 87,366 SF
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 03-122-06-326-029
- APU
- 312206326029
Description
This exceptional retail property, located at 6802 118th Ave in Kenosha, Wisconsin, presents a significant investment opportunity. The single-tenant building boasts a substantial 87,663 square feet of space, situated on a generous 7.8-acre lot. Previously occupied by Camping World/Gander Outdoors, the building underwent renovations in 2018, ensuring modern functionality and aesthetics. The property's B-2 zoning provides flexibility for a variety of retail uses. Its prominent location offers excellent visibility and accessibility, making it ideal for a business seeking high foot traffic and brand exposure. The ample land area provides significant potential for expansion or future development. The property's parcel number is 03-122-06-326-029. This freestanding building presents a rare opportunity to acquire a substantial retail space in a thriving Kenosha location. The property's size and location make it an attractive option for businesses seeking a large footprint and high visibility. The 2018 renovations ensure the building is in excellent condition and ready for immediate occupancy. The B-2 zoning offers versatility for a range of retail businesses. This is a turnkey solution for a business looking to establish a strong presence in the Kenosha market. The expansive land provides room for growth and future development. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,085,000
- 6.5%
- $7,200,000
- 7%
- $6,325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,985,000
- Geo Method
- $6,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,490,000
- Retail
- $8,100,000
- Mixed-Use
- $8,100,000
- Hospitality
- $7,295,000
- Educational
- $8,110,000
- Residential Income
- $6,310,000
- Energy
- $6,615,000
- Income-Based Land
- $7,070,000
- Food Service
- $7,850,000
Location Insight
- Map
- Local Demand
- City
- Kenosha
- County
- Kenosha
- State
- Wisconsin
- Longitude
- -87.9511
- Latitude
- 42.5735
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA