1672 Old Schoolhouse Rd Oconomowoc, WI 53066-1399
This exceptional 0.2-acre commercial land parcel presents a remarkable pad-ready development opportunity in the thriving Oconomowoc, Wisconsin market. Located at 1672 Old School House Rd, 53066, this property boasts all necessary infrastructure, including readily available utilities and a completed stormwater retention system, significantly reducing development time and costs. The site is strategically positioned within a high-growth area, benefiting from strong retail adjacencies and a robust demographic increase fueled by numerous nearby high-density residential projects currently under construction. This ensures a consistent flow of potential customers for any developed business. The lot is ideally suited for a building up to 6,000 square feet, offering significant flexibility for various retail concepts. Priced competitively at $400,000, this parcel represents an exceptional investment opportunity for developers seeking a prime location in a rapidly expanding market. The property is situated in Waukesha County and offers excellent access and visibility. Don't miss this chance to capitalize on the burgeoning growth in Oconomowoc.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.