Pleasant Wisconsin MtRacine, WI 53408
- Land
- 20.00 AC
Property Details for Pleasant Wisconsin Mt
- Lot size
- 20.00 AC
- Property type
- Land
Description
This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Mount Pleasant, Wisconsin. Located in Racine County, with a zip code of 53408 (latitude 42.72, longitude -87.84), this property is zoned for residential use and boasts a compelling location within the thriving Mount Pleasant area. The asking price is $2,000,000, translating to $100,000 per acre. The property's APN is 151-03-22-07-020-010. Its strategic position benefits from proximity to significant developments, including the new Aurora Medical Center and the future Educators Credit Union Headquarters, as well as several adjacent multi-family developments. Furthermore, the site is situated within TIF #7, offering potential tax advantages. A retail shopping corridor is conveniently located just 5.4 miles east, a short 10-minute drive. Access is facilitated by full freeway interchanges within 2 miles. The area is experiencing substantial growth, fueled by a proposed Microsoft investment exceeding $1 billion, encompassing at least four data centers with a projected assessed value of $1.4 billion by 2028. This development is expected to generate 2,300 construction jobs and 2,000 permanent positions. Recent infrastructure improvements include a $750 million investment in local roads, water, and electrical systems. The current mill rate is $16.720267 per $1,000 of assessed value. This property offers unparalleled potential for significant returns in a rapidly expanding market.
Location Insight
- City
- Racine
- County
- Racine
- State
- Wisconsin
- Latitude
- 42.72
- Longitude
- -87.84
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