124 Rawson Ave Oak Creek, WI 53154
- Commercial real estate
- 1.95 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 124 Rawson Ave
- Lot size
- 1.95 lot acres
- Property type
- Commercial real estate
- APN
- 733-9005-000
- APU
- 7339005000
Description
This exceptional 4.21-acre commercial and industrial land parcel presents a unique redevelopment opportunity in Oak Creek, Wisconsin. Located at 124 E Rawson Ave, this property boasts a highly desirable location at the intersection of Rawson Avenue and Howell Avenue, ensuring excellent visibility and accessibility. The site is zoned B-4, permitting a wide range of commercial and industrial uses, providing flexibility for diverse development plans. The property's substantial size offers ample space for various projects, from large-scale industrial facilities to expansive commercial developments. With APN numbers 7339005000 & 7339004000, this property offers a clear title and straightforward acquisition process. The high-traffic intersection guarantees significant exposure to potential customers and employees. While this listing encompasses 4.21 acres, an adjacent half-acre parcel at the corner is also available through a separate listing, presenting the possibility of acquiring the entire corner lot for a truly comprehensive development. This presents a rare opportunity to secure a substantial land holding in a thriving Milwaukee County location with excellent zoning and high visibility. The property's location in Oak Creek, WI, zip code 53154, provides easy access to major transportation routes and a strong local workforce. This is an ideal investment for developers seeking a prime location for a variety of commercial or industrial ventures.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $515,000
- 6.5%
- $565,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $520,000
- Retail
- $515,000
- Mixed-Use
- $445,000
- Hospitality
- $505,000
- Educational
- $490,000
- Residential Income
- $495,000
- Energy
- $550,000
- Income-Based Land
- $445,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Oak Creek
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.91
- Latitude
- 42.9168
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
