Racine, Wisconsin, offers a unique investment opportunity in industrial properties, with a rich history of manufacturing and innovation. Industrial properties in Racine represent a diverse range of investments, from heavy equipment manufacturing to cleaning and chemical products, heat exchangers, and more. With its strategic location on the shore of Lake Michigan, Racine provides easy access to major transportation facilities, including the Belle Urban System, Racine Taxi, and Batten International Airport. The city's infrastructure, including the Racine Fire Department and Racine Police Department, supports a safe and secure business environment. Additionally, Racine is home to several major corporations, including J. I. Case, S. C. Johnson & Son, and Dremel Corporation, making it an attractive location for businesses looking to establish themselves in the region. The city's warm-summer Continental climate and scenic location on Lake Michigan also make it an attractive destination for both business and leisure travel.
Currently, there are 5 industrial properties for sale in Racine, offering a range of investment opportunities. The average price per square foot for these properties is $143 USD, with an average size of 32,136 square feet. The largest property available is 127,378 square feet. In addition to industrial properties, Racine also offers a range of other property types, including warehouses, land, apartment buildings, and commercial real estate. Warehouses in Racine offer a range of storage and logistics solutions, while land for sale provides opportunities for development and expansion. Apartment buildings in Racine offer a range of residential investment opportunities, while commercial real estate provides a range of options for businesses looking to establish themselves in the city. With its diverse economy, rich history, and scenic location, Racine is an attractive destination for businesses and investors alike.
What is the average price per square foot for industrial properties in Racine?
The average price per square foot for industrial properties in Racine is $143 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Racine, Wisconsin, as they impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major transportation facilities, such as Batten International Airport, Amtrak's Hiawatha Line, and major roads, increases property values due to the convenience and cost-effectiveness of transporting goods and materials.
- Access to Lake Michigan and the Root River also enhances industrial property values, as it provides opportunities for water-based transportation and commerce.
- In addition, being situated near major employers and industries, such as heavy equipment manufacturing, cleaning and chemical products, and heat exchangers, can increase property values due to the potential for synergies and collaboration.
