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Multi-Family Approved Development Lot
For Sale
$120,000

350 Gunderson Drive, Portage, WI 53901

Lot 20 is approved for a 10-unit multi-family complex in a new Portage community with underground utilities and new water/sewer.

Property SizeContact for details
Days on Market1426

Property Features for 350 Gunderson Drive

General Information

Standard status Active
Property subtype Lots/Land

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 10
Listing Agency: United Country Midwest Lifesty
Listed By: Travis Hamele · License #56079-90
Source: Exitrealty
Added: Dec 9, 2022 Changed: Oct 25 Last Checked: Jul 16 at 4:19PM

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 United Country Midwest Lifesty

Rey
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Investment Insights

Based on property information with market context.

This is a for-sale land lot identified as Lot 20, with approval noted for a 10-unit multi-family complex. The surrounding community is described as Rolling Prairie, where Phase 1 construction has just started on the north side of the “Portage New Community.”

Rolling Prairie is being developed with underground internet and utilities, along with a brand-new water and sewer system. The development also includes new sidewalks and roads. The property is described as being close to shopping, schools, a hospital, and the interstate system.

As presented, this lot offers a clearly defined multi-family development allowance within a newly built infrastructure framework.

Key Highlights

  • Lot 20 approved for a 10‑unit multi‑family complex.
  • Located on the north side of Portage New Community; Phase 1 construction has started.
  • Community will include underground internet and utilities.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service Storage Facility Garden Center HVAC Service

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

Lease Details

10
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby

Demographics for 53901, WI

14,924
Population
6,550
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
91%
High-School Grad
147.3 sq mi
ZIP Area
101
Density / Sq Mi
$72,244
Median Household Income
$40,914
Median Earnings
$969
Median Rent
$214,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Lot 20 is approved for a 10-unit multi-family complex in a new Portage community with underground utilities and new water/sewer.
Where is this residential land & home lot located?
The property is located at 350 Gunderson Drive Portage, WI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Lot 20 approved for a 10‑unit multi‑family complex.; Located on the north side of Portage New Community; Phase 1 construction has started.; Community will include underground internet and utilities.
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