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    1201 Bayshore Dr Manitowoc, WI 54220

    Sponsored
    For Sale
    Contact for pricing

    Manitowoc, WI: Prime Office Land

    Property size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents 6.46 acres of vacant, commercially zoned (B-3) land in Manitowoc, Wisconsin, ideally situated on Bayshore Drive at 1201. The property offers 3,500-3,700 square feet of buildable space for single-tenant occupancy, perfect for creative or traditional office development. All utilities are included: water, sewer, storm water connection, electric, and gas. The location boasts unobstructed Lake Michigan views and is part of Manitowoc's Tif District 18, benefiting from tax increment financing. This development is conveniently located on Manitowoc-Two Rivers' main corridor (17,500 cars per day in 2017), providing easy access from I-43 via Waldo Boulevard. The site is directly north of Manitowoc's only office park and across Waldo Boulevard from it, placing your business in a thriving commercial area. Join established businesses like BayCare Clinics, Community First Credit Union, Angelus Senior Living, and Rivers Edge Apartments. Future development plans include condos and enhanced amenities such as trails, a boardwalk, and a pedestrian bridge connecting to Manitowoc's Mariner's Trail and Lincoln Park. The land is highly versatile, allowing for subdivision or merging to accommodate various development needs. The price per acre reflects a compelling land value of $348,142. Don't miss this chance to build your dream office space in a prime location.

    Property Features for 1201 Bayshore Dr

    General Information

    Property type
    Office space
    Square Feet
    3,500 SF
    Lot Size
    281,398 SF

    HighLights

    • High‑traffic location on Manitowoc‑Two Rivers' main corridor (17,500 CPD, 2017 data).
    • Convenient I‑43 access via Waldo Boulevard.
    • Flexible land options: lots can be subdivided or combined up to 6.46 acres.
    • Full site improvements included: water, sewer, storm water, electric, and gas.
    • Situated within Manitowoc's Tax Increment Financing (TIF) District 18.
    • Enjoy unobstructed Lake Michigan views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Manitowoc
    County
    Manitowoc
    State
    Wisconsin
    Longitude
    -87.6420215
    Latitude
    44.1102602

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    FAQs

    What type of property is this?
    Office space - Manitowoc, WI: Prime Office Land
    Where is this office space located?
    The property is located at 1201 Bayshore Dr Manitowoc, WI.
    What are key features of this property?
    This property features: High-traffic location on Manitowoc-Two Rivers' main corridor (17,500 CPD, 2017 data).; Convenient I-43 access via Waldo Boulevard.; Flexible land options: lots can be subdivided or combined up to 6.46 acres.
    Request Owner's contact information
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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
    1201 Bayshore Dr Manitowoc, WI 54220
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