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12101 120th Ct
Pleasant Prairie, WI 53142
Land For Sale · 5.82 AC

INVESTMENT HIGHLIGHTS

  • High Visibility and I-94 traffic count
  • Easy Access to Expressway and close proximity to two major airports,
  • Enough land to allow for many uses, both commercial and industrial

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Distribution
  • Hold For Investment
  • Hotel
Total Lot Size 5.82 AC
Zoning Commercial - Future Use-M5 and Hwy Regional Retail

DESCRIPTION

SUBSTANIAL PRICE REDUCTION for this 5.82 Acres of development land bordering 1-94 with high visibility and easy access. Commercial with an OLD Mom and Pop motel that buyer can continue to operate or demolish and develop the land. Sewer and water, while not on site, are just the next parcel over fronting 120th Ave. The motel business LLC is not being transferred but all contents of the 12-unit motel will be, with the exception of residents and managers personal items. Turnkey business if buyer wants to continue to operate and currently has a manager on-site. The 11 rental rooms are generally 100% occupied. Some wet land on property and it is highly recommended that buyer or buyer's agent talks to the Village of Pleasant Prairie for what uses they will approve. The Village has historically leaned toward Industrial zoning. Buyer will take structures in AS IS, WHERE IS condition, there is some deferred maintenance, but owner nor agent will make any warranties or representations concerning condition, nor will the Owner do any repairs. Owner is extremely motivated and ready to retire. Owner will not release financial information without an offer to purchase.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
92-4-122-312-0206
Land Assessment
$378,300
Improvements Assessment
$97,800
Total Assessment
$476,100
  • Listing ID: 28732265

  • Date on Market: 6/12/2023

  • Last Updated:

  • Address: 12101 120th Ct, Pleasant Prairie, WI 53142

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