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Property profile & analytics
OFF-MARKET
Commercial real estate

Cherokee Ln Rhinelander, WI 54501

10 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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