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    2903 County Road B Manitowoc, WI 54220

    Sponsored
    For Sale
    $771,507

    70 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 70.7-acre commercial property in Manitowoc, Wisconsin, presents a unique investment opportunity. Located at 2903 County Rd B, this expansive parcel sits at the north edge of Manitowoc City limits, conveniently situated between Goodwin Road and Woodridge Drive, east of Highway B. The property boasts a diverse zoning designation, allowing for both General Agricultural Use and Residential development, making it ideal for a variety of projects. The land itself is excellent farmland, presenting potential for subdivision development. Indian Creek flows through the property, adding a natural element to the landscape. Included in the sale are a vacant brick farmhouse, two barns, and three additional outbuildings, along with one silo. A 66-foot-wide dedicated city street runs along the southern boundary of the two largest parcels. Four residential lots have already been annexed into the City of Manitowoc. Note that any personal property within the outbuildings, and any standing cash crops, are excluded from the sale. All existing crops will be harvested by the current tenant. This property offers significant potential for both agricultural and residential development, making it a highly attractive investment. The asking price is $771,507. The property consists of six total parcels. Further details and maps are available upon request.

    Property Features for 2903 County Road B

    General Information

    Property type
    Land
    Lot Size
    3,079,692 SF

    HighLights

    • 70.7‑acre commercial property in Manitowoc, WI, ideal for development.
    • Six total parcels included in sale.
    • Zoned for general agricultural and residential use.
    • Allows for single and multifamily residential development.
    • Adjacent to Manitowoc's northside residential subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Accounting Firm Storage Facility Garden Center Pet Store Laundry Service Laundromat

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

    Location Insight

    • Map
    • Local Demand
    City
    Manitowoc
    County
    Manitowoc
    State
    Wisconsin
    Longitude
    -87.6593531
    Latitude
    44.1317977

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    FAQs

    What type of property is this?
    Land - 70 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at 2903 County Road B Manitowoc, WI.
    What is the asking price?
    The asking price for this property is $771,507.
    What are key features of this property?
    This property features: 70.7-acre commercial property in Manitowoc, WI, ideal for development.; Six total parcels included in sale.; Zoned for general agricultural and residential use.
    Request Owner's contact information
    2903 County Road B Manitowoc, WI 54220
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    Manitowoc, WI 54220
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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
    2903 County Road B Manitowoc, WI 54220
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