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S74W16890 Janesville Rd 2.93 Acres of Commercial Land Offered at $1,100,000 in Muskego, WI 53150
INVESTMENT HIGHLIGHTS
- Part of thriving Parkland Towne Center, a mixed use development in the heart of Muskego
- Walkability for area residents. Average HH income $85k+.
- Signalized intersection, high visibility on Janesville Rd
EXECUTIVE SUMMARY
Highly visible commercial lot along Janesville Road a main arterial corridor
Zoned B4 (OOG-1) Highway
Fast access to interstates to Milwaukee, Madison, Chicago
PROPERTY FACTS
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 2.93 AC |
| Property Type | Land | ||
| Zoning | PUD - Part of Planned Development-50 with COM2 land use: 30,000 square foot, grocery store. | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.93 AC |
| Zoning | PUD - Part of Planned Development-50 with COM2 land use: 30,000 square foot, grocery store. |
1 LOT AVAILABLE
Lot 2
| Price | $1,100,000 | Lot Size | 2.93 AC |
| Price Per AC | $375,426.62 |
| Price | $1,100,000 |
| Price Per AC | $375,426.62 |
| Lot Size | 2.93 AC |
Signalized Intersection Monument Signage Part of Mixed Use Development - 90 apartments fully leased, retail strip, credit union Was originally proposed for retail use.
DESCRIPTION
Part of Planned Development-50 with COM2 land use: 30,000 square foot, grocery store. The following Alternative Uses are acceptable Alternative Uses provided the specific proposed use is compliant with the City's applicable zoning and land development ordinances and the City's normal permitting approvals ("Approved Uses"); large scale specialty grocer/meat market/drug/pharmacy chain; hardware or home store; a specialty dinner theater. The Alternative Use should have a reasonable projected equalized value upon completion, based on a then current appraisal, of approximately $6,560,000.00, which is the projected incremental value of the Grocery Parcel in the current increment projections (including land) far the District. If the Alternative Use is not an approved use, the Alternative Use shall be subject to the approval of the City. (Market studies available)
Presented by
S74W16890 Janesville Rd
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