Property profile

0 Main St Merrill, WI 54452

OFF-MARKET
Land
2.02 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 2.02 ac (87,817 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Merrill, WI 54452
Merrill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message