Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Cherokee Ln Rhinelander, WI 54501

    For Sale
    $597,000

    Prime 10-acre development site, R-3 zoned.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 10-acre commercial parcel presents a remarkable opportunity for developers seeking a prime location in Rhinelander, Wisconsin. Situated at the end of E Cherokee Lane, off Highway 17 Bypass, this property boasts convenient access to major roadways and a wealth of amenities. The land is already zoned R-3, making it ideal for multifamily development. Its strategic location places it in close proximity to established businesses, including Menards, Aspirus medical clinic, Toyota and GM dealerships, and the new Holiday Inn Express, ensuring high visibility and strong potential for attracting residents and customers. Recently annexed to the City of Rhinelander, this property offers the benefits of city services and infrastructure. The wooded parcel provides a tranquil setting while maintaining easy access to urban conveniences. While the acreage is pending final approval from the City for a new CSM and/or Plat, the preliminary assessment indicates 10 acres. Prospective buyers are encouraged to independently verify zoning and acreage details to ensure alignment with their development plans. This is a rare opportunity to acquire a substantial, well-located parcel ready for immediate development. Don't miss out on this chance to build your next successful project.

    Property Features for Cherokee Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    435,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rhinelander
    County
    ONEIDA
    State
    Wisconsin
    Longitude
    -89.3722
    Latitude
    45.65857

    Nearby Similar for Sale

    • $399,900
      2.00 Acres

      Turnkey Restaurant and Bar Opportunity

      Restaurant/bar with updated interior, outdoor entertainment spaces near Rhinelander.
      6776 Cth K, Rhinelander, WI 54501
      View Details
    • $349,750
      0.17 Acres

      Mixed-Use Property in Rhinelander, WI

      Updated living quarters with commercial and storage space.
      11 Keenan St W, Rhinelander, WI 54501
      View Details
    • $479,000
      0.59 Acres

      Retail Building with Two Units

      Retail building with two units, one leased, one available.
      535 Lincoln St, Rhinelander, WI 54501
      View Details
    • $479,000
      8,500 SF

      Rhinelander, WI Retail Opportunity

      Retail property for sale in Rhinelander, Wisconsin.
      535 Lincoln St, Rhinelander, WI 54501
      View Details
    • New
      $400,000
      0.21 Acres

      Well-Maintained Office Building Investment

      Office building with strong rental history and flexible layout.
      125 Davenport St E, Rhinelander, WI 54501
      View Details
    • $359,000
      0.46 Acres

      Rhinelander Commercial Property with Residence

      Mixed-use property featuring showroom, office, storage, and residential home.
      1409 Lincoln St, Rhinelander, WI 54501
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 10-acre development site, R-3 zoned.
    Where is this commercial real estate located?
    The property is located at Cherokee Ln Rhinelander, WI.
    What is the asking price?
    The asking price for this property is $597,000.
    (715) 369-1223
    Request Owner's contact information
    Cherokee Ln Rhinelander, WI 54501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Cherokee Ln
    Rhinelander, WI 54501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Cherokee Ln Rhinelander, WI 54501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.