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    Merrill Ave Wausau, WI 54401

    Sponsored
    For Sale
    $435,456

    Prime Wausau development land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.07-acre parcel presents a remarkable opportunity for commercial development in Wausau, Wisconsin. Located at the intersection of Merrill Avenue and County Road K, this property boasts unparalleled visibility and accessibility. The site is zoned B2 General Commercial, offering flexibility for a wide range of uses. Its strategic location provides easy access to US Highway 51, a major thoroughfare with an estimated daily traffic count of approximately 15,000 vehicles. The roundabout access from County Road K enhances convenience for those approaching from the north. This high-traffic location makes it ideal for businesses seeking maximum exposure to potential customers. The property's size and zoning allow for substantial development potential, making it suitable for a variety of commercial ventures, including retail, service businesses, or hospitality establishments. The property's APN is 146-2907-154-0979. This is a rare opportunity to acquire a prime commercial land parcel in a thriving Wisconsin community. The asking price for this exceptional property is $435,456. Serious inquiries are encouraged.

    Property Features for 0 Merrill Ave

    General Information

    Property type
    Land
    Lot Size
    395,089 SF

    HighLights

    • $435,456 asking price for 9.07 acres of commercial/residential land.
    • B2 General Commercial zoning.
    • Located at Merrill Ave, Wausau, WI 54401 (APN: 146‑2907‑154‑0979).
    • High visibility site with approx. 15,000 daily cars on US Highway 51.
    • Roundabout access from County Road K.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.658291061182
    Latitude
    44.990761803683

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    FAQs

    What type of property is this?
    Land - Prime Wausau development land, high visibility.
    Where is this land located?
    The property is located at Merrill Ave Wausau, WI.
    What is the asking price?
    The asking price for this property is $435,456.
    What are key features of this property?
    This property features: $435,456 asking price for 9.07 acres of commercial/residential land.; B2 General Commercial zoning.; Located at Merrill Ave, Wausau, WI 54401 (APN: 146-2907-154-0979).
    Request Owner's contact information
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    Wausau, WI 54401
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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
    Merrill Ave Wausau, WI 54401
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