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Rivershores Drive
West Bend, WI 53090
Land For Sale · 14.90 AC

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INVESTMENT HIGHLIGHTS

  • Flexible Mixed-Use Zoning: Multifamily, townhomes, and SFR options allow yield optimization
  • TID 10 Incentive Capture: Eligible for funding of infrastructure, utilities, riverwalk improvements, and structured parking
  • Scarcity of Riverfront Entitlements: Limited supply supports competitive positioning and long-term appreciation
  • Assemblage Scale & Optionality: Five parcels enable master-planned development, phased construction, or partial sell-down
  • Phased or Mixed Product Strategy: Blend riverfront multifamily with interior townhomes/SFR to diversify absorption risk
  • Municipal Alignment: Proven support for riverfront redevelopment reduces entitlement risk

EXECUTIVE SUMMARY

14.9 Acres Prime Residential Development Land - For Sale: $2,000,000
Parcel Numbers:
11191140828
11191140829
11191140830
11191146005
11191230025
2025 Total Assessment: $1,372,400
2025 Taxes: $19,811.43

PROPERTY FACTS

Sale Type Investment
No. Lots 5
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 14.90 AC
Zoning MXD - Mixed Use Development - FPS Floodplain-Storage

5 LOTS AVAILABLE

Lot 1

Price $252,200
Price Per AC $360,285.71
Lot Size 0.70 AC

Parcel Number: 11191140828 Lot Size: 0.7 AC 2025 Assessment: $252,200 2025 Taxes: $3,640.66

Lot 2

Price $401,700
Price Per AC $329,262.30
Lot Size 1.22 AC

Parcel Number: 11191140829 Lot Size: 1.22 AC 2025 Assessment: $401,700 2025 Taxes: $5,798.77

Lot 3

Price $413,800
Price Per AC $266,967.74
Lot Size 1.55 AC

Parcel Number: 11191140830 Lot Size: 1.55 AC 2025 Assessment: $413,800 2025 Taxes: $5,973.46

Lot 4

Lot Size 1.66 AC

Parcel Number: 11191146005 Lot Size: 1.66 AC

Lot 5

Price $304,700
Price Per AC $31,187.31
Lot Size 9.77 AC

Parcel Number: 11191230025 Lot Size: 9.77 AC 2025 Assessment: $304,700 2025 Taxes: $4,398.54

DESCRIPTION

This 14.9-acre assemblage across five parcels offers a rare river-adjacent development opportunity in West Bend, WI. Flexible mixed-use zoning supports multifamily, townhomes, and single-family homes, enabling developers to tailor a density and product mix to market conditions. Inclusion in TID 10 provides access to tax-increment financing, enhancing project feasibility and supporting public-private partnership objectives. With municipal alignment and scarcity of riverfront entitlements, this site is positioned for long-term value creation. The property’s scale and location allow for a variety of strategies, including phased development, mixed product offerings, and incentive capture for infrastructure and amenities. Developers can leverage West Bend’s proven support for riverfront redevelopment to reduce entitlement risk while creating a master-planned community that activates the riverfront, diversifies absorption risk, and aligns with city objectives for housing delivery and tax-base growth.

  • Listing ID: 39158462

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: Rivershores Drive, West Bend, WI 53090

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