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    1010 8Th St Medford, WI 54451

    For Sale
    $695,000

    Prime development land, C-1 zoning, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering encompasses three parcels totaling 53.76 acres, strategically located at 1010 N 8th St, Medford, WI 54451. The property is zoned C-1 Commercial, providing a wide range of development possibilities. Its prime location within Tax Incremental District #13 places it adjacent to a thriving retail area serving a substantial regional customer base extending over 35 miles. This presents a unique opportunity for developers seeking a large-scale project with significant potential. The expansive acreage allows for diverse uses, including retail establishments, food service ventures, office spaces, and service-oriented businesses. Furthermore, the zoning may permit residential and multi-family developments, subject to local regulations and approvals. The asking price for this significant land parcel is $695,000. This presents a compelling investment opportunity in a growing Wisconsin community. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to acquire a substantial commercial property in a high-demand area.

    Property Features for 1010 8Th St

    General Information

    Property type
    Land
    Lot Size
    2,341,786 SF

    HighLights

    • 53.76‑acre commercial land parcel in Medford, WI.
    • C‑1 Commercial zoning allows for diverse development options.
    • Located in Tax Incremental District #13, adjacent to a thriving retail area.
    • $695,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Taylor
    State
    Wisconsin
    Longitude
    -90.3305803
    Latitude
    45.1532132

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    FAQs

    What type of property is this?
    Land - Prime development land, C-1 zoning, excellent location.
    Where is this land located?
    The property is located at 1010 8Th St Medford, 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: 53.76-acre commercial land parcel in Medford, WI.; C-1 Commercial zoning allows for diverse development options.; Located in Tax Incremental District #13, adjacent to a thriving retail area.
    Request Owner's contact information
    1010 8Th St Medford, WI 54451
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    Medford, WI 54451
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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
    1010 8Th St Medford, WI 54451
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