Property summary
This exceptional 2.016-acre commercial land parcel presents a unique investment opportunity in Merrill, Wisconsin. Located on E Main St, this property boasts unparalleled visibility due to its immediate proximity to Highway 51, ensuring high traffic exposure for any business. The lot is zoned for Thoroughfare Commercial use (APN: 251-3106-182-0226), offering flexibility for a variety of development options, including restaurants, retail establishments, or service businesses. All utilities are readily available, simplifying the development process. The City of Merrill has previously invested in this parcel to incentivize development, and depending on the proposed project, potential credits towards the property value may be available through an agreement and approval process. This prime location, coupled with the city's commitment to development, makes this a truly exceptional opportunity for the right developer. The property's strategic placement and high visibility make it an ideal location for attracting customers and establishing a thriving business. Serious inquiries are encouraged to explore the potential for development and the possibility of city-backed incentives. This is a rare chance to acquire a highly visible and strategically located commercial lot in a growing community. Don't miss this opportunity to secure a prime piece of Merrill real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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