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    4829 Carpenter Rd Florence, WI 54121

    For Sale
    $1,000,000

    Vacant Land - Florence T-WI, WI

    Lot size:
    1.93 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 4829 Carpenter Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    01003208000
    Lot size
    1.93 Acres

    Utilities

    Water front features
    Lake Frontage, Lake/River Access, Interior Lake, Lake/River Access, Waterfront, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Stephens Real Estate (906) 774-8570 [email protected]

    Listing agent RYAN GORDON (906) 774-8570

    Listing date Oct 14, 2025

    MLS# 50191376 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land on Spread Eagle

    This is a 1.93-acre vacant land parcel located in Florence T-WI, WI. The property is zoned commercial and features 111 feet of frontage on Spread Eagle's Chain of Lakes, situated across from Eagle Island. Existing improvements include two fully furnished rustic cabins and a boat dock. The property is intended for commercial use, with the value primarily attributed to the land itself.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Wholesale Shop Auto Parts Store Department Store Storage Facility Bar & Pub Electrical Service Convenience Store Bed & Breakfast Laundry Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    Wisconsin
    Longitude
    -88.135090449074
    Latitude
    45.892397804157

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    FAQs

    What type of property is this?
    Commercial land - Rare 1.93-acre waterfront parcel with existing cabins and dock.
    Where is this commercial land located?
    The property is located at 4829 Carpenter Rd Florence, WI.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Rare waterfront parcel on Spread Eagle's Chain of Lakes.; - Nearly two acres of land.; - Enjoy 111 ft of frontage level to the water's edge.
    (906) 774-8570
    Request Owner's contact information
    4829 Carpenter Rd Florence, WI 54121
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    Florence, WI 54121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4829 Carpenter Rd Florence, WI 54121
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