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Travis Hamele
travishamelebroker@chime.me$225,000
Est. payment /mo
0.73 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1932309
Annual Tax Amount $1,290
Tax Year 2024
Lot Size 0.730 Acres
Acres 0.73
Property Description
3/4 acre vacant lot DEVELOPMENT OPPORTUNITY on busy Greenfield Avenue in the City of Milwaukee. SELLER WILL CONSIDER PARTNERING WITH QUALIFIED DEVELOPER. Located in census tract that is ELIGIBLE FOR ''NMTC'' NEW MARKETS TAX CREDIT FINANCING that may be partially forgiven (see document tab). This parcel was formerly used by a school for parking, athletics, and green space. The area is densely populated and will welcome new housing. Daily vehicle count is over 13,000 on Greenfield Ave. Sewer & water are in the street. The current zoning is LB-2 with 176 ft of frontage on W Greenfield Ave plus 277 ft of frontage on S. 22nd St. Be sure to see Environmental Disclos with $70k cost in MLS Documents. The two parcels are 176x137 (24,112 sf) and 139x57 (7,923 sf), separated by the alley.
Location
State WI
County Milwaukee
Zoning LB2
Interior
Inclusions Existing fence and gates
Exterior
Utilities Available Cable, Electricity, High Speed Internet Available, Natural Gas, Telephone
Building
Lot Description Level, Rough Grade, Sidewalks
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Milwaukee
Others
Acceptable Financing Sell in Entirety
Listing Terms Sell in Entirety
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Travis Hamele