1294 Washington St, Grafton, WI 53024-9439
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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