4663 51st St Greenfield, WI 53220-4003
This exceptional 1.26-acre commercial lot presents a prime development opportunity in the heart of Greenfield, Wisconsin. Situated on a corner lot at the intersection of S 51st Street and Layton Avenue, this property boasts an impressive 270 feet of road frontage on Layton Avenue and 213 feet on S 51st Street, ensuring high visibility and accessibility. Its strategic location directly across from Konkel Park and within the rapidly expanding Layton corridor places it in the midst of significant growth and development, with numerous new businesses establishing themselves in the area. The property's proximity to the I-894 interchange provides easy access to major transportation routes, further enhancing its appeal for commercial ventures. This is an ideal site for a variety of commercial developments, benefiting from the high traffic counts on both streets and the strong potential for attracting customers and employees. The substantial size of the lot allows for ample space for construction and potential future expansion. Don't miss this chance to secure a prime piece of Greenfield real estate and capitalize on the area's burgeoning commercial landscape. The asking price is $560,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.