N1683 County Rd W Merrill, WI 54452
For Sale
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POTENTIAL!! POTENTIAL!! This 2.85 Acre lot per assessor is currently assessed as residential but is zoned as crossroads mixed which can be residential or commercial. This prime potential commercial spot is located on the corner of County Road W, Hwy 64, State Road 17 and close to Hwy 51. This is a heavily trafficked corner with great visibility for about any potential business! Convenience store? Automobile dealership? Restaurant? Combination of a couple?? *Buyer should verify with Town Assessor on proper zoning. There is a 3 Bedroom, 2 Bathroom, 2 car attached garage, 1400 sq feet finished on main floor home located on the property for an additional bonus. ** Value is based on Commercial potential of land not as a residential property**. There is also a 3 bedroom 2 bathroom, attached 2 car garage home with 1400 sq feet finished home that is located on property for an additional bonus, but value is in the land. Home is being sold as-is condition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.