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    1507 1St St Superior, WI 54880

    Sponsored
    For Sale
    $395,000

    Prime Waterfront Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.85-acre commercial land parcel, located at 1507 N 1st Street in Superior, Wisconsin, presents a rare chance to acquire a prime waterfront development site. Previously home to the historic Superior Warehouse, this property offers significant potential for redevelopment. Situated in Douglas County, Wisconsin, with a 54880 zip code, the site boasts stunning waterfront views and direct access to the water. The asking price is $395,000. The property's unique location and history make it an ideal canvas for a variety of commercial ventures. Buyers can envision a project that capitalizes on the property's rich heritage and breathtaking waterfront setting. The site's size and location provide ample space for a substantial development, allowing for creative design and flexible use. This is a truly unique opportunity to create a landmark commercial property in a desirable location. The property is ready for immediate development, offering a streamlined path to realizing your vision. Detailed site plans and historical information are available upon request. Don't miss this chance to acquire a piece of Superior's waterfront history and shape its future. The property's coordinates are 46.7380829 latitude and -92.0996914 longitude. Serious inquiries only.

    Property Features for 1507 1St St

    General Information

    Property type
    Land

    HighLights

    • 0.85‑acre waterfront commercial land parcel in Superior, WI.
    • Located at 1507 N 1st Street, Superior, WI 54880.
    • Asking price: $395,000.
    • Direct waterfront access with stunning views.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Superior
    County
    Douglas
    State
    Wisconsin
    Longitude
    -92.0996914
    Latitude
    46.7380829

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    FAQs

    What type of property is this?
    Land - Prime Waterfront Development Opportunity
    Where is this land located?
    The property is located at 1507 1St St Superior, WI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 0.85-acre waterfront commercial land parcel in Superior, WI.; Located at 1507 N 1st Street, Superior, WI 54880.; Asking price: $395,000.
    Request Owner's contact information
    1507 1St St Superior, WI 54880
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    Superior, WI 54880
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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
    1507 1St St Superior, WI 54880
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