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    8706 Nicholson Rd Caledonia, WI 53108

    For Sale
    $782,000

    Agricultural land, excellent access, near retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 19.55-acre agricultural property, located at 8706 Nicholson Road in Caledonia, Wisconsin, presents a unique investment opportunity. Zoned A-2 General Farming District II, this parcel boasts convenient access via Vista Drive, providing easy ingress and egress. The property is strategically situated within the service area of the Milwaukee Metropolitan Sewerage District (MMSD) and benefits from Village of Caledonia water services, ensuring reliable utilities. Its proximity to the Root River adds to its natural appeal. Furthermore, its location near the established retail corridors of Howell Avenue and Highway 32 offers significant advantages for potential development or expansion. The property is also conveniently located within the Racine Unified School District. The APN is a portion of 104-04-22-04-005-070. This land offers a blend of agricultural potential and strategic location, making it an attractive proposition for various uses. The asking price is $782,000. The property's zip code is 53108.

    Property Features for 8706 Nicholson Rd

    General Information

    Property type
    Farms
    Lot Size
    851,598 SF

    HighLights

    • Excellent access from Vista Drive.
    • Served by Milwaukee Metropolitan Sewerage District (MMSD) and Village of Caledonia water.
    • Proximity to the Root River.
    • Convenient to Howell Avenue and Highway 32 retail corridors.
    • Located in the Racine Unified School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Hotel & Motel Garden Center Bakery Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Caledonia
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.89782
    Latitude
    42.8395

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    FAQs

    What type of property is this?
    Farm - Agricultural land, excellent access, near retail.
    Where is this farm located?
    The property is located at 8706 Nicholson Rd Caledonia, WI.
    What is the asking price?
    The asking price for this property is $782,000.
    What are key features of this property?
    This property features: Excellent access from Vista Drive.; Served by Milwaukee Metropolitan Sewerage District (MMSD) and Village of Caledonia water.; Proximity to the Root River.
    Request Owner's contact information
    8706 Nicholson Rd Caledonia, WI 53108
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    Caledonia, WI 53108
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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
    8706 Nicholson Rd Caledonia, WI 53108
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