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    120 Ave Chippewa Falls, WI 54729

    Sponsored
    For Sale
    $695,000

    25 Acres, Hwy 53/29 Interchange

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25.44-acre industrial land parcel presents a unique investment opportunity in Chippewa Falls, Wisconsin. Strategically located at the northwest quadrant of the Highway 53 and Highway 29 interchange, this level site boasts exceptional visibility and accessibility. Its ideal location ensures high traffic counts, with Highway 53 averaging over 22,000 vehicles per day and Highway 29 exceeding 28,000. Zoned for industrial use, the property is suitable for a variety of commercial and light industrial developments. Approximately 5.5 acres at the southern end are wooded, with the remaining tillable land currently planted. Municipal water is readily available at the lot line, and the seller is willing to divide the parcel to accommodate specific needs. Priced affordably at $0.63 per square foot, this property offers significant potential for growth and return on investment. The property's APN is 22809242373064001. This is a for sale by owner listing.

    Property Features for 0 120 Ave

    General Information

    Property type
    Land
    Lot Size
    1,108,166 SF

    HighLights

    • $695,000 asking price for 25.44 acres of industrial land.
    • Located at the NW quadrant of the Hwy 53/Hwy 29 interchange in Chippewa Falls, WI.
    • Level, highly visible site suitable for commercial and light industrial use.
    • Municipal water at the lot line; seller will divide the parcel.
    • Priced at $0.63 per square foot.
    • High traffic counts: Hwy 53 (22,000+ AAVPD) and Hwy 29 (28,000+ AAVPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Discount Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chippewa Falls
    County
    Chippewa
    State
    Wisconsin
    Longitude
    -91.427981796103
    Latitude
    44.89767587036

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    FAQs

    What type of property is this?
    Land - 25 Acres, Hwy 53/29 Interchange
    Where is this land located?
    The property is located at 120 Ave Chippewa Falls, WI.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: $695,000 asking price for 25.44 acres of industrial land.; Located at the NW quadrant of the Hwy 53/Hwy 29 interchange in Chippewa Falls, WI.; Level, highly visible site suitable for commercial and light industrial use.
    Request Owner's contact information
    120 Ave Chippewa Falls, WI 54729
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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
    120 Ave Chippewa Falls, WI 54729
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