Overview

Description

RI Marketplace Online Auction March 25-27, 2024
Register to bid on Marketplace:

https://rimarketplace.com/auction/1819/1-auction-7.69-ac-parcel?utm_source=brevitas&utm_medium=listing&utm_campaign=land_1819

Marcus & Millichap is pleased to present 7.69 acres adjacent to 9001 Wilmot Road in Pleasant Prairie, Wisconsin (the “Property”). The Property is located near the roundabout intersection of Wilmot Road and 88th Avenue. The Property is in a robust trade area near a mix of residential and retail demand generators. Nearby retailers include Target, Costco, Dick’s Sporting Goods, Starbucks, PetSmart, Extra Space Storage, Ulta Beauty, Lowe’s, and more. The Property benefits from highly favorable M-1, limited manufacturing, zoning that allows for a wide variety of uses including self-storage, limited manufacturing, wholesaling, warehousing, and related uses. The Property is poised to benefit from its location in a high traffic area with ±6,839 vehicles per day on 88th Avenue and an additional ±3,956 vehicles per day nearby on Wilmot Road.

Located in Kenosha County, Pleasant Prairie benefits from its strategic position along Interstate 94, which connects it to major markets such as Chicago (60 miles) and Milwaukee (40 miles). The local economy of Pleasant Prairie is diverse, with a strong presence in manufacturing, distribution, and logistics sectors, thanks to its proximity to major transportation routes and key distribution hubs. The site is also located two miles from I-94. Pleasant Prairie's strategic location within the Chicago-Milwaukee corridor, coupled with its business-friendly environment and skilled workforce, make it an attractive destination for businesses and investors alike. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2023 population of ±95,857 people and average annual household income of ±$83,273 within a 5-mile radius.

Lamar P. Fisher
Fisher Auction Company Inc.
License: 2876-52

Highlights

• ±7.69 AC of Land with 6,839 VPD Traffic Passing Site Daily
• Attractive Demographics with 5-Mile Population of ±95,857 and Annual Household Income of ±$83,273
• Nearby Retail: Target, Costco, Dick’s Sporting Goods, Starbucks, PetSmart, Extra Space Storage, Ulta Beauty, Lowe’s, and more
• Favorable M-1, Limited Manufacturing Zoning with Flexible Uses Permitted including Self-Storage
• Positioned Near Large Corporate Demand Drivers Including Ardent Mills, Meijer Distribution, Froedtert Pleasant Prairie Hospital, Kenosha Regional Airport, and more
• Absolute $1 Auction - NO RESERVE

Documents

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