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    2.487 Acres Spg Rd Rhinelander, WI 54501

    For Sale
    $329,900

    High-traffic corner lot, prime development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 2.487-acre commercial lot presents a rare development opportunity in Rhinelander, Wisconsin. Strategically located on Spring Road, it boasts approximately 880 feet of frontage along Highway 17, a major thoroughfare with a daily traffic count exceeding 11,300 vehicles. The property's prime location is further enhanced by its adjacency to a future Jimmy John's restaurant and its proximity to established businesses such as Kwik Trip and Walmart, as well as a local hospital. This high-visibility corner lot ensures maximum exposure for any commercial venture. The property is zoned B-3 General Business, offering flexibility for a wide range of commercial developments. Given its size, location, and high traffic volume, this parcel represents a significant investment opportunity in a thriving community. All information should be independently verified by the buyer. The property is ready for development and offers an unparalleled chance to establish a successful business in a high-demand area. Don't miss this chance to secure a prominent location in Rhinelander's bustling commercial corridor.

    Property Features for 2.487 Acres Spg Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    108,464 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rhinelander
    County
    ONEIDA
    State
    Wisconsin
    Longitude
    -89.4004
    Latitude
    45.6477

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, prime development opportunity.
    Where is this commercial real estate located?
    The property is located at 2.487 Acres Spg Rd Rhinelander, WI.
    What is the asking price?
    The asking price for this property is $329,900.
    (715) 369-1223
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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
    2.487 Acres Spg Rd Rhinelander, WI 54501
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