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Commercial Property on High-Traffic Location

1338 S Eighth Street, Medford, WI 54451

For Sale
$599,000

Commercial property suitable for various businesses, hotel, or gas station.

Property Size3,828 SF
Lot Size11.00 Acres
Price / SF$156.48
Days on Market851

Property Features for 1338 S Eighth Street

General Information

Standard status Active
Size 3,828 SF
Lot size 11.00 Acres

Taxes and HOA fees

Annual Taxes $6,284
Listing Agency: C21 DAIRYLAND REALTY
Listed By: DAVE BRANDNER · License WI #5422590
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Sep 18 at 7:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C21 DAIRYLAND REALTY

Rey
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Investment Insights

Based on property information with market context.

This commercial property features an existing 3,828-square-foot home with 4 bedrooms and 3 bathrooms, situated on 11 acres. The property is located in the city of Medford, bordering State Highway 13 and County Road O, offering a high-traffic location suitable for various commercial businesses. Outbuildings are present on the property. The site is considered suitable for development into a hotel or gas station. The property includes ponds.

Key Highlights

  • Prime commercial property location bordering State Highway 13 and County Road O.
  • High traffic location suitable for various businesses.
  • 11 acres of land within the city of Medford.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Commercial land

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Hair Salon Real Estate Agency Nail Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 54451, WI

11,514
Population
5,088
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
92%
High-School Grad
336.3 sq mi
ZIP Area
34
Density / Sq Mi
$63,882
Median Household Income
$40,953
Median Earnings
$815
Median Rent
$198,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial property suitable for various businesses, hotel, or gas station.
Where is this commercial land located?
The property is located at 1338 S Eighth Street Medford, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime commercial property location bordering State Highway 13 and County Road O.; High traffic location suitable for various businesses.; 11 acres of land within the city of Medford.
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