8690 27Th St Oak Creek, WI 53154
- Commercial real estate
- 1.81 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8690 27Th St
- Lot size
- 1.81 lot acres
- Property type
- Commercial real estate
- APN
- 831-0224-000
- APU
- 8310224000
Description
This exceptional 1.8-acre commercial land parcel, located at 8690 S 27th Street in Oak Creek, Wisconsin, presents a compelling development opportunity. Zoned B-4, this property boasts high visibility with approximately 12,800 cars passing daily, according to the Wisconsin Department of Transportation data. Its strategic location offers convenient access to major transportation arteries, being within approximately 1.8 miles of the I-43/I-94/41 interchange. The property sits on a corner lot at a lighted intersection, ensuring maximum exposure for any future development. The asking price is $699,000. The parcel's size provides ample space for a variety of commercial ventures. Proximity to Drexel Town Square provides access to established retail and residential areas, enhancing the property's potential. The property's APN is 8310224000. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area of Milwaukee County, Wisconsin, with a 53154 zip code. The property's latitude and longitude coordinates are 42.8643354 and -87.913867 respectively.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $125,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $155,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $155,000
- Retail
- $125,000
- Mixed-Use
- $145,000
- Hospitality
- $115,000
- Educational
- $155,000
- Residential Income
- $140,000
- Energy
- $150,000
- Income-Based Land
- $140,000
- Food Service
- $155,000
Location Insight
- Map
- Local Demand
- City
- Oak Creek
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.95
- Latitude
- 42.8878
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA