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    17.533 Hwy 131 Tomah, WI 54660

    Sponsored
    For Sale
    $3,405,202

    17.53 Acres, High Visibility, I-90 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional commercial land opportunity in Tomah, Wisconsin. This 17.53-acre parcel is strategically located on Highway 131, directly abutting I-90's westbound off-ramp, providing unparalleled visibility and accessibility. The property is zoned for undeveloped use and offers significant potential for various commercial ventures. High daily traffic counts on both Highway 131 (6800 in 2017, projected to increase) and I-90 (14200 in 2017, projected to increase) ensure substantial exposure. The recent construction of a new hospital and medical clinic in the area further enhances the property's desirability, creating a high demand for commercial development on Tomah's south side. While utilities are not currently on the lot, they are readily accessible nearby, and the city is actively engaged in assisting developers with utility connections. The state may also offer support for highway access improvements. The seller is willing to consider dividing the property, with a current offer focusing on a 5-acre portion at the south end. The asking price is $185,000 per acre, totaling $3,405,202 for the entire parcel. APN: 042-00185-0000. This is a prime location for businesses seeking high visibility and convenient access to major transportation arteries.

    Property Features for 0 17.533 Hwy 131

    General Information

    Property type
    Land
    Lot Size
    763,607 SF

    HighLights

    • $3,405,202 asking price for 17.53 acres of undeveloped commercial land.
    • Located at 17.533 Highway 131, Tomah, WI 54660 (APN 042‑00185‑0000).
    • $185,000 per acre land value.
    • High‑visibility location abutting I‑90 West off‑ramp and Highway 131, with high daily traffic counts.
    • Seller will consider dividing the parcel; current offer is for 5 acres on the south end.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tomah
    County
    Monroe
    State
    Wisconsin
    Longitude
    -90.4951473
    Latitude
    43.9176942

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    FAQs

    What type of property is this?
    Land - 17.53 Acres, High Visibility, I-90 Access
    Where is this land located?
    The property is located at 17.533 Hwy 131 Tomah, WI.
    What is the asking price?
    The asking price for this property is $3,405,202.
    What are key features of this property?
    This property features: $3,405,202 asking price for 17.53 acres of undeveloped commercial land.; Located at 17.533 Highway 131, Tomah, WI 54660 (APN 042-00185-0000).; $185,000 per acre land value.
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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
    17.533 Hwy 131 Tomah, WI 54660
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