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    OFF-MARKET
    Commercial land

    1294 Washington St, Grafton, WI 53024-9439

    0.8 ac lot
    Entity Owned 28-yr Hold ~ Est. High Equity
    Property ID
    US92-1516139
    Property summary
    AI-generated overview

    This exceptional 1.67-acre commercial land parcel presents a unique development opportunity in the thriving Grafton, Wisconsin market. Located at 1294 Washington St, this property boasts a prime location within a bustling retail corridor, offering significant potential for various commercial ventures. The land is zoned for commercial use, eliminating zoning hurdles and streamlining the development process. The absence of restrictions on medical or banking establishments further broadens the scope of potential projects. The asking price is $1,400,000. This property consists of four parcels, with APNs: 10-019-01-020.00, 10-019-01-013.00, 10-019-01-020.0 & 10-019-01-011.01. Situated in Ozaukee County, Wisconsin, zip code 53024, this location benefits from its position within a regional trade area and a growing municipality. The scarcity of development-ready land in this retail-focused area makes this an exceptional investment opportunity for developers seeking a strategic foothold in a vibrant and expanding market. The property's latitude and longitude coordinates are 43.320851 and -87.930002 respectively.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.8 ac (34,717 SF)
    APN 10-019-01-020.00
    UPID US92-1516139
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Knk Properties LLC · 28 yrs held
    Knk Properties LLC
    since 1998
    3 recorded transactions
    1998
    $1.2M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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