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    7115 75Th St Kenosha, WI 53142
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    7115 75Th St Kenosha, WI 53142

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    • Commercial land
    • 385,506 SF
    For Sale
    $3,971,025
    View Listing →
    Prime Retail Land on Highway For Sale
    $3,971,025
    385,506 SF

    Prime Retail Land on Highway

    Highly visible land parcel on a busy commercial corridor.

    7115 75th Street, Kenosha, WI 53142
    View Listing
    Property ID
    US92-0215551
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 7115 75Th St

    Property size
    385,506 SF
    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Mostly level, flexible ingress/egress with purchase of adjoining 1 acre parcel.Prime retail location on one of the last remaining parcels on busy Hwy 50 (75th st) in the Kenosha/Pleasant Prairie Corridor. Adjacent parcel available for easy ingress/egress creating a nearly 10 Acre building envelope on one of the highest traffic counts in Kenosha County. Neighbors include Burger King, Panera, Menards, Applebees, Bed Bath Beyond, etc. Village support for Retail development. One of only remaining mid-sized parcels for development on the very busy Highway 50 Corridor in Pleasant Prairie/Kenosha. For an even larger development, combine with the 30+ acres to the south which are available and offer a rare opportunity on this corridor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.8939487
    Latitude
    42.5664174

    Comparable in this City

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      Freestanding Class A Retail Building

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      Freestanding Burger King with Drive-Thru

      Single tenant Burger King with drive-thru in Kenosha, Wisconsin.
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    Similar Nearby for Sale

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      Acre Retail Site For Sale

      Acre retail site with high traffic count in Kenosha.
      6110 Green Bay Rd, Kenosha, WI 53142
      View Details
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      Kenosha Retail Building For Sale

      Approximately 10,000 square foot retail building in Kenosha, Wisconsin.
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      Kenosha Retail/Office Building For Sale

      Well-maintained Kenosha building with office space and rental potential.
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      Freestanding Burger King with Drive-Thru

      Single tenant Burger King with drive-thru in Kenosha, Wisconsin.
      6945 75Th St, Kenosha, WI 53142
      View Details
    • $1,975,000
      11,357 SF

      Freestanding Class A Retail Building

      High-visibility retail building in a high-traffic commercial corridor.
      6905 75Th Pl, Kenosha, WI 53142
      View Details
    • Contact for pricing
      1,885 SF

      Auto Garage Buildings on 75th Street

      Three buildings on a high-profile site with expansion potential.
      4512 75Th St, Kenosha, WI 53142
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Highway 50 Commercial Land

      88-acre multi-use development site on Highway 50.
      104Th Ave, Pleasant Prairie, WI 53142
      View Details
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      Southport Plaza Retail Space Available

      Retail spaces for lease in destination shopping center.
      7200 Green Bay Rd, Kenosha, WI 53142
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      Office Space Near Highway 50

      Office space with excellent visibility and access near Highway 50.
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      Pleasant Prairie Retail/Office Suites

      Retail and office suites available in Pleasant Prairie, Wisconsin.
      8501 75Th St, Kenosha, WI 53142
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      Retail Space For Lease

      Retail space available at a high-traffic intersection.
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    • Contact for pricing
      157,656 SF

      Kenosha Distribution, eCommerce, Manufacturing Space

      Located between interchanges and airports, ideal for distribution and manufacturing.
      9655 136Th Ave, Kenosha, WI 53142
      View Details
    View Listing
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    Kenosha, WI 53142
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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