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    12 Hwy 59 & Hwy Whitewater, WI 53190

    For Sale
    $2,500,000

    68.9 Acres, Hwy 59 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 68.9-acre parcel presents a significant development opportunity in Whitewater, Wisconsin. Strategically located at the intersection of Highway 59 and Highway 12, this property boasts 1,723 feet of frontage along Highway 59, providing excellent visibility and accessibility. The land is comprised of two lots totaling 68.9 acres: a 42.4-acre lot and a 26.7-acre lot. While currently zoned agricultural (AG), it's designated for commercial development in the city's master plan, offering significant future potential. The property also features an impressive 2,882 feet of frontage along a rail line serviced by Watco, a Type II rail carrier, opening possibilities for various transportation needs. Its proximity to major transportation arteries adds to its appeal: 0.6 miles from the intersection of Highways 12 and 89, 11 miles from Highway 26, and 21.2 miles from Interstate 90. City municipal services are readily available. The asking price is $2,500,000. Importantly, this property is not divisible, ensuring a cohesive and substantial development project. This unique combination of size, location, and infrastructure makes this an unparalleled investment opportunity for commercial development in a thriving Wisconsin community.

    Property Features for 12 Hwy 59 & Hwy

    General Information

    Property type
    Land
    Lot Size
    3,001,284 SF

    HighLights

    • 68.9‑acre commercial development site in Whitewater, WI.
    • High‑visibility location at Hwy 59 & Hwy 12 intersection with 1,723 ft of Hwy 59 frontage.
    • Two parcels (42.4 acres & 26.7 acres) zoned AG, but designated for commercial use in the city's master plan.
    • 2,882 ft of rail frontage serviced by Watco (Type II carrier).
    • Excellent access to major highways (Hwys 12, 89, 26 & I‑90).
    • $2,500,000 asking price; not divisible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Whitewater
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.7002013
    Latitude
    42.8198152

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    FAQs

    What type of property is this?
    Land - 68.9 Acres, Hwy 59 Frontage
    Where is this land located?
    The property is located at 12 Hwy 59 & Hwy Whitewater, WI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 68.9-acre commercial development site in Whitewater, WI.; High-visibility location at Hwy 59 & Hwy 12 intersection with 1,723 ft of Hwy 59 frontage.; Two parcels (42.4 acres & 26.7 acres) zoned AG, but designated for commercial use in the city's master plan.
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    12 Hwy 59 & Hwy Whitewater, WI 53190
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    Whitewater, WI 53190
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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
    12 Hwy 59 & Hwy Whitewater, WI 53190
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