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    3400 University Dr Marinette, WI 54143

    For Lease
    Contact for pricing

    3.27 Acres, B-3 Zoning, High Visibility

    Lot size:
    142,441 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.27-acre commercial land parcel presents a unique investment opportunity in Marinette, Wisconsin. Located at 3400 University Drive, the property boasts a highly desirable B-3 Business zoning designation, offering considerable flexibility for a wide range of commercial developments. Its strategic location within Marinette's most prominent retail corridor ensures high visibility and accessibility. The site is conveniently situated just blocks from major institutions including the University of Wisconsin-Marinette, Northwest Technical College, and Bay Area Medical Center, guaranteeing a substantial and diverse potential customer base. The single-tenant zoning allows for focused development and streamlined planning. The property's ample size (3.27 acres, as per Marinette County records, APN #251-00622.010) provides significant room for expansion and future growth. This exceptional location, combined with its versatile zoning and substantial lot size, makes this property an ideal choice for developers seeking a prime location in a thriving community. The property is ready for immediate development, offering a rare opportunity to capitalize on the strong commercial activity in this area of Marinette. Serious inquiries are encouraged to explore the full potential of this outstanding commercial land offering. The address is 3400 University Dr, Marinette, WI 54143.

    Property Features for 3400 University Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    142,441 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    142,441 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Skin Care Clinic Pharmacy Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Marinette
    County
    Marinette
    State
    Wisconsin
    Longitude
    -87.655734
    Latitude
    45.072173

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    FAQs

    What type of property is this?
    Land - 3.27 Acres, B-3 Zoning, High Visibility
    Where is this land located?
    The property is located at 3400 University Dr Marinette, WI.
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    3400 University Dr Marinette, WI 54143
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    Marinette, WI 54143
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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
    3400 University Dr Marinette, WI 54143
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