743-745 Sheridan Rd, Kenosha, WI 53140
5.34 Acres of Residential Land Offered at $2,500,000 USD in Kenosha, WI 53140
For Sale
Active
3 pictures
Asking Price $2,500,000
- Property Type
-
Land
- Square Feet
- 232,610 SF
Listing Contacts
David Coupe
- Property Info
Property Overview
Explore this exquisite 5-acre Multifamily site on Lake Michigan in beautiful Somers, WI! This site's strategic location is just 5.4 miles east of the new Microsoft Data Center on 90th St and KR which presents an exciting opportunity for Multi Family Developers looking to build into the massive backlog of unmet demand for housing in this growing area. With a rich blend of natural beauty and urban convenience, this Approved Lake Michigan Multifamily Development benefits from its proximity to Universities and major employers, including Amazon, Uline, and Haribo among countless others. Residents will enjoy easy access to nearby award-winning schools, and a growing US 94 corridor with retail, shopping, lifestyle, and park district amenities while living on the shores of Lake Michigan just 4.8 miles north of the Kenosha Metra Train Station. The property's location offers a perfect balance of employment opportunities and recreational amenities, making it an exceptional location for premier Multifamily Developers seeking to capitalize on the area's growth and appeal.
Property Details
- Property Subtype
- Residential/Multifamily
Highlights
- Approved 68-unit Market Rate Apartment Development Agreement
- 5.4 Miles from the New Microsoft Data Center site | 4.8 Miles from the Kenosha Metra Train Station
- Shovel ready for immediate development | Fully entitled
- Prime lakefront location in Somers
- Strategic zoning for versatile development opportunities | Ideal for upscale residential and commercial spaces
- Lucrative prospects for Multifamily investor
All available spaces
- Space
- Lot 1
- Size
- 232,610 SF
- Price
- $2,500,000
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