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    2500 Lake Shore Dr Ashland, WI 54806

    For Sale
    Contact for pricing

    1.5-acre C-1 zoned lot near Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.5-acre commercial land parcel presents a prime investment opportunity in Ashland, Wisconsin. Located at 2500 Lakeshore Drive East (Pad 1), this property boasts a highly desirable C-1 Highway Commercial zoning designation, offering a wide range of development possibilities. Its strategic location directly adjacent to a major Walmart store, one of the largest in a three-county area, ensures exceptional visibility and high traffic volume from US Highway 2/Lake Shore Drive. The property's prominent position guarantees significant exposure to a substantial customer base. This makes it ideally suited for a variety of commercial ventures, including quick-service restaurants, retail bank branches, or a multi-tenant retail development. The parcel's size provides ample space for construction and ample parking. The Ashland County location and 54806 zip code offer easy access to local amenities and a strong regional market. The property's APN is #201-03574-0203. This is a rare opportunity to acquire a highly visible and strategically located commercial lot with significant growth potential. Don't miss this chance to establish your business in a thriving community.

    Property Features for 2500 Lake Shore Dr

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre commercial land parcel in Ashland, WI, at 2500 Lakeshore Drive East (Pad 1).
    • C‑1 Highway Commercial zoning allows diverse development options.
    • High visibility and traffic volume due to adjacency to a major Walmart and US Highway 2/Lake Shore Drive.
    • Ample space for construction and parking.
    • APN #201‑03574‑0203.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Hotel & Motel Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Ashland
    State
    Wisconsin
    Longitude
    -90.85053091
    Latitude
    46.60544054

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    FAQs

    What type of property is this?
    Land - 1.5-acre C-1 zoned lot near Walmart.
    Where is this land located?
    The property is located at 2500 Lake Shore Dr Ashland, WI.
    What are key features of this property?
    This property features: 1.5-acre commercial land parcel in Ashland, WI, at 2500 Lakeshore Drive East (Pad 1).; C-1 Highway Commercial zoning allows diverse development options.; High visibility and traffic volume due to adjacency to a major Walmart and US Highway 2/Lake Shore Drive.
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    Ashland, WI 54806
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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
    2500 Lake Shore Dr Ashland, WI 54806
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