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Listing provided courtesy of Shorewest Realtors, Inc.Metro MLS- MLS# 1941368MLS ProviderContact Information: [email protected]

Lt0 S Racine AveNew Berlin, WI 53151

Commercial · 5.06 Acres
$2,300,000 Active

Lt0 S Racine Ave Overview

Time on Site:
242 days
Visits:
9

Outstanding commercial development opportunity in a prime New Berlin location! This 5+ acre parcel zoned B-2 offers exceptional visibility and frontage along Racine Avenue near College Avenue, with direct line-of-sight exposure from the highway. The land features cleared, gently rolling terrain, ideal for a variety of business uses and efficient site development. This property's strategic position and traffic exposure make it an excellent location for a restaurant, bank, grocery store, hotel, or other commercial enterprise seeking maximum visibility and convenience. With its strong commercial zoning, favorable topography, and unbeatable location, this site presents a rare opportunity to bring your vision to life in one of New Berlin's most active growth corridors.

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Lt0 S Racine Ave Facts & Features

  • Type Commercial
  • Lot 5.06 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Operating Expense Includes: None,Other

Listing Information

  • Concessions: Yes

Building Information

  • Year Built: 2026

Location/Region

  • County Or Parish: Waukesha
  • Postal City: New Berlin

Tax Information

  • Tax Annual Amount: 4983
  • Tax Year: 2024

General Information

  • Parcel Number: NBC 1280977
  • Property Sub Type: Commercial/Industrial
  • Property Type: Comm/Industrial
  • Zoning: B2

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 0

General Information

  • Basement: None
  • Building Features: Other
  • Living Area Source: Other

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 5.06
  • Lot Size Area: 5.06
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 220413.6
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Other
  • Roof: Other

General Information

  • Road Frontage Type: Town/City Road

Lt0 S Racine Ave Neighborhood

Community

53151 (NEW BERLIN) Demographics

45
Median Age
1,794
Population Density (per sq. mile)
57%
College Educated
$85,429
Estimated Median Income
10,012
Estimated Total Home Owners
3,574
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lt0 S Racine Ave Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lt0 S Racine Ave Market Data

Based on the last 30 days in this zip code

$513,611
Average List Price
$214
Average Price per Square Foot
40
Properties Sold
29
Average Days on Market
62
Properties for Sale
Calculations provided by Reliance Network

Lt0 S Racine Ave History

Date Event Value Agent
10/31/2025Source: Metro MLS Added to Database
October 31, 2025
7/28/2025Source: Metro MLS Added to Database
August 11, 2022