9860 20Th StOak Creek, WI 53154

Property Details for 9860 20Th St

Lot size

4.18 AC

Property type

Commercial real estate

APN

904-9994-003

APU

9049994003

Description

This exceptional 5.45-acre industrial lot, located at 9860 S 20th St in Oak Creek, Wisconsin, presents a compelling investment opportunity. Priced at $695,000 ($127,523/acre), this property boasts an M1 Manufacturing/Planned Unit Development (PUD) zoning designation, offering significant flexibility for various industrial uses. Situated in the Southbranch Industrial Park, the land enjoys convenient access to major transportation arteries, being less than one mile from the I-94/I-41 interchange via W Ryan Rd. City sewer, water, and utilities are readily available at the roadside, simplifying development and reducing infrastructure costs. The property's APN numbers are 9049994003, 9039014000, and 9030021000. While this listing focuses on the land itself, note that approximately 20,000 square feet of warehouse space is also available for lease at a separate location (2025 W Southbranch Blvd, Oak Creek, WI), potentially offering synergistic opportunities for interested parties. This prime location and versatile zoning make this property ideal for a range of industrial projects. Don't miss this chance to acquire a strategically located industrial parcel in a thriving Wisconsin market.

• CAP approach

  CAP return

  Valuation

  6%

  $37,269,300

  6.5%

  $34,402,400

  7%

  $31,945,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,489,800

  Geo Method

  $23,721,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $69,893,800

  Retail / Commercial

  $35,417,700

  Mixed-Use / Specialty

  $34,957,700

  Hospitality / Lodging

  $25,212,800

  Office

  $34,402,400

  Institutional / Educational

  $36,222,600

  Residential Income

  $42,380,500

  Multifamily

  $52,679,000

  Automotive / Energy

  $31,048,000

  Parking / Income-Based Land

  $11,044,000

  Restaurant / Food Service

  $17,469,500

  Healthcare / Senior Housing

  $36,190,700

Location Insight

City

Oak Creek

County

Milwaukee

State

Wisconsin

Latitude

42.8655

Longitude

-87.9417

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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