6932 27Th St Oak Creek, WI 53154
- Commercial real estate
- 3.00 lot acres
Current Use by Public Records
- Alpha Book Publisher / Book Publisher
Property Details for 6932 27Th St
- Lot size
- 3.00 lot acres
- Property type
- Commercial real estate
- APN
- 737-9992-000
- APU
- 7379992000
Description
This exceptional 3-acre commercial land parcel, located at 6932 S 27th Street in Oak Creek, Wisconsin, presents a remarkable investment opportunity. Zoned B-2, this property offers significant potential for a variety of commercial developments, including retail, office, or hospitality uses. The asking price is $575,000. The property's prime location on highly populated South 27th Street, situated between College Avenue and Rawson Avenue, ensures high visibility and accessibility. This strategic location places the property in close proximity to a thriving commercial corridor, boasting established businesses such as Oscar's Frozen Custard, Lowe's, Goodwill, Menards, Dental Associates, Hobby Lobby, Walmart, Starbucks, Planet Fitness, and Home Depot. The property's easy access to I-94 further enhances its appeal, providing convenient access to regional transportation networks. The controlled intersection adds to the safety and efficiency of traffic flow, benefiting both businesses and customers. The parcel's APN is 7379992000. This 3-acre lot (Milwaukee County, WI, zip code 53154) presents a rare chance to establish a successful venture in a high-demand area. Don't miss this opportunity to capitalize on the strong commercial growth in Oak Creek.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $350,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $435,000
- Mixed-Use
- $380,000
- Hospitality
- $440,000
- Educational
- $370,000
- Residential Income
- $405,000
- Energy
- $405,000
- Income-Based Land
- $360,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Oak Creek
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9481
- Latitude
- 42.9193
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA