www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29333075
29333073

14.9 Acres Prime Rivershores Drive, West Bend, WI 53090

GA
WI 111994 - 94
Colliers - Milwaukee, Wisconsin
JE
WI 48337-90
Colliers - Milwaukee, Wisconsin
Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin
$2,000,000
134 days on market
Updated 39 days ago

Rivershores Drive

Details
APN 11191140828; 11191140829; 11191140830; 11191146005; 11191230025
Property Type Mixed Use, Land
Sub Type Commercial
Acreage 14.900
Zoning MXD Mixed Use Development, FPS Floodplain-Storage
Investment Type Redevelopment

Mixed Use

Marketing description

This 14.9-acre assemblage across five parcels offers a rare river-adjacent development opportunity in West Bend, WI. Flexible mixed-use zoning supports multifamily, townhomes, and single-family homes, enabling developers to tailor a density and product mix to market conditions. Inclusion in TID 10 provides access to tax-increment financing, enhancing project feasibility and supporting public-private partnership objectives. With municipal alignment and scarcity of riverfront entitlements, this site is positioned for long-term value creation.

The property’s scale and location allow for a variety of strategies, including phased development, mixed product offerings, and incentive capture for infrastructure and amenities. Developers can leverage West Bend’s proven support for riverfront redevelopment to reduce entitlement risk while creating a master-planned community that activates the riverfront, diversifies absorption risk, and aligns with city objectives for housing delivery and tax-base growth.

Located in Washington County, West Bend is a vibrant community of approximately 32,000 residents. The city offers a strong demographic profile with a median age of about 40, high educational attainment (95% high school graduates and nearly 30% holding a bachelor’s degree or higher), and a stable population growth trend. Homeownership is prevalent, with roughly two-thirds of households owner-occupied and a median home value near $245,000. The community is known for its quality of life, featuring excellent schools, abundant parks, and recreational amenities that make it an attractive place to live and work.

Investment highlights

  • Flexible Mixed-Use Zoning: Multifamily, townhomes, and SFR options allow yield optimization
  • Assemblage Scale & Optionality: Five parcels enable master-planned development, phased construction, or partial sell-down
  • TID 10 Incentive Capture: Eligible for funding of infrastructure, utilities, riverwalk improvements, and structured parking
  • Phased or Mixed Product Strategy: Blend riverfront multifamily with interior townhomes/SFR to diversify absorption risk
  • Scarcity of Riverfront Entitlements: Limited supply supports competitive positioning and long-term appreciation
  • Municipal Alignment: Proven support for riverfront redevelopment reduces entitlement risk
  • Public-Private Partnership Narrative: River activation and housing delivery align with city objectives, strengthening incentive participation

Listing Contacts

GA
WI 111994 - 94
Colliers - Milwaukee, Wisconsin
JE
WI 48337-90
Colliers - Milwaukee, Wisconsin
Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Gregory Anderson
License
111994 - 94
Brokerage Phone
5202756440
Title
Investment Sales Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591