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    N1981 Hwy Pell Lake, WI 53128

    For Sale
    $700,000

    3.84 Acres, B-3 Zoning, Hwy H Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.84-acre commercial land parcel, located at N1981 Highway H in Genoa City, Wisconsin, presents a unique investment opportunity. Situated in Walworth County, with a 53128 zip code, this property boasts prime visibility and high traffic counts due to its Highway H frontage. The parcel is zoned B-3, allowing for a wide range of commercial uses. The property's APN is BP00008. This offering is comprised of three individual lots previously sold separately. Lot #1, the largest at 1.76 acres, previously sold for $350,000 and offers unparalleled visibility. Lot #2, encompassing 0.99 acres, includes an existing well and a 200 square foot double-sided sign frame, previously sold for $225,000. Finally, Lot #3, measuring 1.09 acres, previously sold for $175,000. The combined asking price for the entire 3.84-acre parcel is $700,000, presenting a compelling opportunity for developers and investors seeking a strategically located commercial property in a thriving Wisconsin community. The property's coordinates are 42.5290813 latitude and -88.3336477 longitude. This is a rare chance to acquire a significant commercial land holding in a desirable location.

    Property Features for N1981 Hwy

    General Information

    Property type
    Land
    Lot Size
    167,270 SF

    HighLights

    • 3.84‑acre commercial land parcel in Genoa City, WI (53128), with Highway H frontage.
    • Lot #1: 1.76 acres, previously sold for $350,000, offering excellent visibility.
    • Lot #2: 0.99 acres, includes an existing well and a 200 sq ft double‑sided sign frame, previously sold for $225,000.
    • Lot #3: 1.09 acres, previously sold for $175,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pell Lake
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.3336477
    Latitude
    42.5290813

    Nearby Comparable

    • $2,995,000
      70,000 SF

      Genoa City Warehouse on 30+ Acres

      70,000 sq ft warehouse on 30.52 acres in Wisconsin.
      N1548 N Daisy Dr, Genoa City, WI 53128
      View Details
    • $749,000
      6,000 SF

      Genoa City Industrial Property

      6,000 SF Warehouse/Office, $749,000
      715 Walworth St, Genoa City, WI 53128
      View Details

    FAQs

    What type of property is this?
    Land - 3.84 Acres, B-3 Zoning, Hwy H Frontage
    Where is this land located?
    The property is located at N1981 Hwy Pell Lake, WI.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 3.84-acre commercial land parcel in Genoa City, WI (53128), with Highway H frontage.; Lot #1: 1.76 acres, previously sold for $350,000, offering excellent visibility.; Lot #2: 0.99 acres, includes an existing well and a 200 sq ft double-sided sign frame, previously sold for $225,000.
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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
    N1981 Hwy Pell Lake, WI 53128
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