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    17 And Timber Dr Rhinelander, WI 54501

    For Sale
    Contact for pricing

    Prime 5.21-acre commercial land near major retailer.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5.21-acre commercial land parcel presents a unique investment opportunity in Rhinelander, Wisconsin. Strategically located at the Northwest corner of Highway 17 and Timber Drive, this property benefits from its proximity to a newly constructed, 85,000 square foot Blain's Farm & Fleet store, slated to open Spring 2023. This prominent anchor tenant will draw significant traffic and customer activity to the area, creating a high-demand retail environment. The property is zoned B-3 General Business, offering flexibility for a variety of commercial uses. Rhinelander serves as the primary retail hub for Oneida County, boasting a population of 36,998 residents and a wider regional draw due to limited retail options in Northern Wisconsin. This translates to a substantial customer base for businesses located on this site. The expansive lot size provides ample space for development, allowing for significant potential for growth and return on investment. This is an exceptional opportunity to capitalize on the burgeoning retail landscape of Rhinelander and establish a thriving commercial presence in a high-traffic location. The property's prime location and zoning make it an ideal site for a variety of commercial ventures. Don't miss this chance to secure a piece of this thriving retail market.

    Property Features for 17 And Timber Dr

    General Information

    Property type
    Farms
    Lot Size
    226,948 SF

    HighLights

    • New 85,000 SF Blain's Farm & Fleet anchors this center, opening Spring 2023.
    • Dominant retail location serving Rhinelander and Oneida County (36,998 residents), a regional trade area with limited competition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rhinelander
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.3823463
    Latitude
    45.6443203

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    FAQs

    What type of property is this?
    Farm - Prime 5.21-acre commercial land near major retailer.
    Where is this farm located?
    The property is located at 17 And Timber Dr Rhinelander, WI.
    What are key features of this property?
    This property features: New 85,000 SF Blain's Farm & Fleet anchors this center, opening Spring 2023.; Dominant retail location serving Rhinelander and Oneida County (36,998 residents), a regional trade area with limited competition.;
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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

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    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
    17 And Timber Dr Rhinelander, WI 54501
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