Rivershores Drive
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
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?









