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    Wi-64 Merrill, WI 54452

    For Sale
    $199,900

    Prime Commercial/Residential Land - Highway 64 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6.32-acre parcel boasts excellent visibility and accessibility from State Highway 64 in Merrill, Wisconsin. Its flexible zoning permits a variety of development options, including retail, commercial, or multi-family residential projects. The property enjoys a strategic location near major amenities such as Walmart, Park City Credit Union, and Aspirus, ensuring high traffic and visibility. The potential for Tax Increment District (TID) funding exists for suitable projects, offering significant financial incentives. Convenient access to sewer and water utilities is available via Big Eddy Road. The city of Merrill is actively engaged in supporting appropriate development proposals, demonstrating a collaborative approach to fostering economic growth. This presents a unique opportunity for developers seeking a versatile and well-situated land parcel in a thriving community. The property's APN is 251-3106-132-0236. The asking price is $199,900. Subdivision is considered.

    Property Features for 0 Wi-64

    General Information

    Property type
    Land
    Lot Size
    275,299 SF

    HighLights

    • $199,900 asking price.
    • 6.32‑acre land parcel.
    • Flexible commercial/residential zoning.
    • Excellent Highway 64 visibility and access.
    • Subdivision potential for retail, commercial, or multi‑family development.
    • Proximity to Walmart, Park City Credit Union, and Aspirus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Merrill
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.655299918667
    Latitude
    45.175868950782

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land - Highway 64 Access
    Where is this land located?
    The property is located at Wi-64 Merrill, WI.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: $199,900 asking price.; 6.32-acre land parcel.; Flexible commercial/residential zoning.
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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
    Wi-64 Merrill, WI 54452
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