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Property profile & analytics
OFF-MARKET
Commercial real estate

555 Wright Rd Johnson Creek, WI 53038-9404

1.1 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US92-0179384
Property summary
AI-generated overview

This exceptional 1.096-acre commercial land parcel presents a unique investment opportunity in Johnson Creek, Wisconsin. Located at 555 Wright Road, the property boasts a highly visible location at the intersection of Highway 26 and I-94, ensuring significant exposure for any development. The site is zoned for commercial use and offers flexibility for various development scenarios. Potential buyers have the option to explore a ground lease, build-to-suit arrangement, or outright purchase of the land. A conceptual site plan is available for review, outlining potential development possibilities. The property is suitable for a building of up to 6,000 square feet, with the possibility of incorporating a drive-thru feature. The specifics of build-out are negotiable, offering considerable customization to suit individual needs. Additional charges for common area maintenance (CAM), insurance, and taxes will be determined separately. The precise timeline for development is to be determined. This prime location and versatile development options make this property an attractive investment for businesses seeking high visibility and convenient access to major transportation routes in Jefferson County, Wisconsin, zip code 53038. The property's coordinates are 43.084205 latitude and -88.761664 longitude.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.1 ac (47,742 SF)
APN 141-0715-0741-003
UPID US92-0179384
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ph Johnson Creek II LLC · 7 yrs held
Ph Johnson Creek II LLC
since 2019
5 recorded transactions
2019
$555,000
2017
Price N/A
2016
$4.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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